I've been following Wizard's DnDNext page like a hawk, voting and commenting on every issues the staff puts forth.
I am now 95% convinced that the fifth edition of Dungeons and Dragons will be crap. That missing 5%? That is all that remains of my hope that the new edition of dnd will live up to its goal of united all players.
I really see the new edition as being a blend of 3E and 4E. The veneer may be changed a bit to appeal to ODnD folken, but mechanically, it will be munchkin land. And I mean munchkin in the most derogatory way possible.
Min/maxers will have a new system to exploit, and we grognards will keep grognarding.