No.
I played the demo and while I like the cartoony cel-shaded style, it really isn't very spectacular.
We play Risk as a projector game. But Factions just doesn't look very impressive, something which is kinda important when we are playing it as a projector game.
The new game doesn't show the units on the battlefield duking it out. You only get this little 2d black mark that appears on the victim's territory. Plus, the way it allocates units (stupid scroll bar thing) is just a nuisance. It just doesn't LOOK epic or impressive in the way that our previous Risk II does.
It COULD have been much better if the stupid scroll bar was done away with and it looked more impressive by having unit's actually battle it out. I think watching the different races physically fight on the battlefield would make it very visually impressive.
As it is though, I won't be buying it. And for the projector game at BreachLAN, we'll be sticking with Risk II