Even when it offers a glimpse of fun, it's still awful.
The 3D gameplay was unbearable and frustrating. The camera was so annoying it even made me shut down the game, without saving, several times.
The bosses were horrible, not even slightly funny, and occasionally too hard to defeat. Why? Because of the camera and incorrigible controls. I've always been a fan of Capcom's music (at least for Megaman series), but the soundtrack for X7 was horrible.
Even the story wasn't fascinating. It definitely differs from other X games, losing some of the main characteristics. The whole Red/Axl story was somewhat boring, throwing the original Megaman X idea in the background. All in all, it's really not worth the play or your time.