It's going to be interesting to see how this one develops. Getting a Souls like right is difficult as you have to get the difficulty balance just right. Deck 13 was the creator of the original game and later went on to do The Surge and The Surge 2. The didn't quite get the balance right and so Lords of the Fallen was a flawed but promising game. They hit it out of the park with The Surge and The Surge 2, however.
The sequel was announced in 2014 (without Deck 13's involvement) and was originally set to launch in 2017, which obviously didn't happen. So CI Games contracted independent developer Defiant to finish the sequel back in 2018, but it's basically languished in development hell, so in 2020 they replaced them with Hexworks (this will be their first title).
I remember really looking forward to this game back then and then being disappointed when it just kind of disappeared.
Trailer looks nice, but I'm taking a skeptical wait and see approach to see if they'll do a good job with it. If it was Deck 13 doing it, I'd probably break my promise to myself to never pre-order a game since Deck 13 has gotten quite good at making their take on the Souls-like genre.
Regards,
SB