From what I have understood besides the fact that some people are using loopholes in the game to cheat, at the moment the gameplay consists of large groups monopolizing the resources and mugging anyone who encroaches on their land.
Don't get me wrong the concept of the game is amazing, it's just that since the game is early in the development there are a few problems that need to be ironed out, which is natural. Specially since IIRC they're a company of less than a dozen people and they have their hands full trying to cope with the overwhelming response.
Personally I intend to wait and watch how successful they are in handling the cheating problem before I try it.