I just played the demo and I really enjoyed it. Of course, Tron 2.0 is one of my favorite games so I was always going to enjoy it to some extent. I just like the Tron world.
Anyway, Tron: Catalyst has aspects of open world exploration, a combat system that's almost like a twin-stick shooter, and an interesting time-loop concept. Basically, you obtain some information then manually restart your time-loop to change outcomes with your new-found knowledge. The game kinda forces these "time to restart" moments on you, but it makes for an interesting storyline at least. And the story seems to be the main focus here. At least in this demo, I think there's more dialog than combat.
I definitely enjoyed this game more than Tron: Identity but I'm not really a fan of visual novels so I don't know if that means much.