Sure it's a quick glance from me but I think it's enough to say L5R RPG certainly is not Genesys. I wasn't that interested in the setting so I'm ok with this but it does blow my theories about the path of Genesys. Now L5R is different in that it has a LONG history (I think four editions) of being an RPG so maybe FFG is aiming to please fans of the old system. I can't tell because I have no knowledge of the old L5R systems beyond it was called Roll and Keep (R&K) I believe. So enough on that.
What does this mean for Genesys? Will it be a stand alone sandbox system, will FFG release settings like Runbound or will Runebound be a seperate system that is very similar to Genesys. My guess is a setting inside of Genesys because I played Runebound Genesys at Gen Con and it seemed like a nearly done entity. I'm hoping to see a setting book for Runbound soon after the Release of Genesys Core sometime in the next couple of months. This is mostly because I loved playing,it at Gen Con and what I saw of what they did with the Archetyoes from Descent was really cool and seemed to work in the narrative dice system better than I had imagined.
Anyways, that is still my hope. And I do hope the L5R RPG fans will be happy with their product.