I'm playing Risen right now with a few other things. It has the Action/Rpg hybrid game play as well. It's fun but you can't turn into a dragon and fly around. You get a levitate spell that runs out way too fast. 
The game play in Divinity 2 looks a lot better. I've also read you can do fun things with magic and read peoples minds but at a rather high cost. This can open hidden quests though that you wouldn't get otherwise. As long as they don't cage off half the world so you can't fly in it (like Aion) the flying around will be awesome.
I'm also counting the days to Dragon Age Origins. It's going to be a fun next six months to be a Rpg fan. I'm also noticing a trend in the industry to make games that blend Rpg elements into Fps games. I think people are finally starting to tire of the basic Fps types of game play which will be a great thing for the evolution of the genre.