Much much better than last year....and much much better than fifa. Most football enthusiasts would choose PES over FIFA.
I am yet to sample online play, but I've heard that its greatly improved on last year's offerings, with frame rates high, and virtually no lag. Perhaps one criticism is that they have traded Bayern Munich with Zenit St. Petersburg, and in fact have no German sides whatsoever. Another complaint would be that certain players, classic to the series such as Ronaldo (the fat one) and Veron arent included, despite them still being international footballers.