It's not perfect but it is pretty great great - definitely better than what I'd expect from an indie Ace Combat clone made three people. Just watch out for the ridiculous amount of enemies in some missions.
I really want to get into Armored Core someday, starting with the PS1 original. I've heard gameplay changes pretty significantly every few games and I'd like to test which type will be the most fun for me. Are you familiar with the series in general or just like AC6?