I bought this 2 days ago. I am having so much fun with it, I've barely been able to put it down. The game looks huge and on medium / normal it has provided a fair challenge at times (damn poisonous frogs!). LKS is clearly Pikmin inspired, whilst still being its own game. The battles are fun and involve detecting patterns, watching for visual cues to avoid impending attacks. My minions have quite a bit of personality, they are always making noises and I really like the animations. The dialogue with the townsfolk isn't anything special, in fact it is quite repetitive, but the writing in the letters that the King receives in the suggestion box are often quite witty. Howser, the advisor, is hilarious and I'm finding myself questioning his morals quite frequently!
The lack of a Pikmin style usage of the c-stick is annoying especially when I'm trying to get up the ramps that I have constructed. Some little pin always seems to get stuck which involves going back down and retrieving the little rascal. Reading the manual, it does seem as though there will be a formation that I will eventually earn that will allow single file travel.
There are no IR or waggle controls at all, so far. IR would have been fantastic for aiming my throws when attacking enemies, digging up treasures etc.
Hopefully the US version gets 480p because it is quite noticeable but again I'm having too much fun with it to care much! World domi...I mean...uh, kingdom expansion... has never been this much fun!
edit: Dasmos: LKS is $50 at gametraders now.