What does the community think of ARMS?

To me, ARMS looks like a game born out of the philosophy that gave birth to the breakout hit that was Splatoon. It is a game with a sharp visual design that doesn't skimp on color. It's also a game with a simple conceit that has a hidden pool of skill, rich with mechanics and strategy. Also just like Splatoon, it seems relatively bare for content but promises a steady stream of free DLC to keep refreshing the game.