I'm not sure what I think about it anymore. I'm a huge aliens fan, but all the same, an Aliens RPG could turn out very badly.
The big problem is lack of variety. Facehuggers, chestbursters, drones, queen. You ain't got too much to work with in terms of aliens. Which suggests to me they're gonna lean very heavily on the whole 'absorb traits from hosts' super-magical abilities from A3. And I really don't want to be fighting random encounters against 2 squid aliens and a catlien. I'm not worried they'll **** all over canon, since Fox does that anyway, just that we're gonna see some really lame ass **** in a desperate attempt to get a decent variety of enemies. That, or the aliens will just be a backdrop, and most of the combat will be human vs. human.
I'd really rather they were doing System Shock, aliens style, but that ain't happening.