Ok - I'll bite.
ED does have SOME amazing visuals, but don't count the planet (moons etc) surfaces as one of those (which makes up quite a big portion of the possible eyecandy) which are the VERY DEFINITION of "generic".
Flight and combat can be great or sucky, depending on what you are piloting and who you are fighting against, and the current disposition of this months version of AI.
Trading can be rewarding - for credits - otherwise it's just the normal back and forth, back and forth, back and forth of games where the economy is STATIC and dumping 500 tonnes of cargo has ZERO EFFECT on the price - have at it.
CG's can also be amazing - IF you have a godrolled PvP ship, or change modes to SOLO / PG's - to get away from the idiots who like to seal club - sorry, "legit PvP". Oh and taking part means repetitive back and forth, back and forth... you get the idea.
Missions can also be good fun - unless your mission target disappears, or doesn't show up, or your passengers decide they want some ridiculous side trip into a conflict zone (which WAS NOT mentioned in the mission briefing), then complain when the ship gets attacked, or your important engineering NPC wants 50 tonnes of cigars** before he'll even talk to you but you are only *allowed* to buy them 5 tonnes at a time so you have to make 10 trips, even though your ship can carry 50 tonnes (why? we have no idea, ask FDev)
**(does FDev even know what 50 TONNES of cigars looks like? That's a lifetime supply for an entire village.)
The alien "Thargoid invasion" stuff can be cool - BUT you've got to go to specific places to find them - and it's all scripted by FDev, and IF you decide to find them you'll have to have special weapons that take days or weeks (depending on your playtime allowance) to get - unless you have really good engineered weapons and are a good pilot.
Oh and you'll need friends too as they are designed for multiplayer - so you'll have to be winged up, which can work... sometimes, depending on your internet connection, or thiers, so you
may be able to actually
see your wingmates in the same instance as you, or what they are shooting at... sometimes.
You may decide to open up your multiplayer ship slot (or bay fighter) to a random player, who may or may not decide to open fire on friendlies and get YOU wanted for murder - because it's the SHIP THAT GETS WANTED NOT THE INDIVIDUAL PLAYER - and a HUGE fine, and your ship destroyed "for teh lulz" and there's NOTHING you can do to stop them doing that, while they logout laughing at you.
You can go and explore the vast procedural Galaxy, that does have some amazing visuals, but I don't advise you to bother landing on any of the planets, because most of them are EMPTY, the amount of POI's there are in this game, compared to the size of the galaxy is ridiculously small; it's a total guess but there's prolly only 1 POI per 1000 planets - I could be wrong, it might be 10,000, or 100,000 as there's 2 BILLION stars. After all POI's are not procedural but hand scripted by FDev, like most other ingame *fluff*.
(If you do decide you want to see them, go to INARA webpage - AFAIK they list all the known ones - you can see them all in a week or two, tops.)
No, you can't own or even make your own base - you can own a faction if you like, but that gets you nothing much.
Mining? forget it, don't even try.
So yeah - that's sort of it in a nutshell - ED is a good looking game, but it ain't no Morrowwind for game
PLAY.
PS - I've just bought NMS - and LOVING IT. LOVE. ING. IT. (and for those who've read my stuff that says a LOT because I'm quite a hard critic) Bought friday afternoon, got 43 hours logged already (yes really). I've not done that in a game for close to a decade. It's especially cool in 3D (not oculous, my TV does upscaling simulated 4k 3D, really really REALLY well)
Ingame Rafezetter88 - no surprise there, hit me up..... omg did I just write that, I'm 48 .....
contact me if you like.

SURVIVAL ONLY - you've been warned.
Enjoy.
PPS - all you white knights, go ahead and claim that what I've said isn't factual, go on, call me a liar, I DARE you.