Inside The Vault article from today goes into additional detail, answering some lingering questions.
Fallout 76 | Fallout 76: Inside the Vault – Wastelanders Preview Panel Recap and Gameplay Video
This week, we’re recapping our Wastelanders Preview Panel from Bethesda Game Days last week, sharing raw Wastelanders gameplay footage, and answering a few more community questions about the update.
fallout.bethesda.net
I think it looks pretty good for what it is. Not sure if it'll be the shot in the arm that they are hoping for, but we'll see.