Today I find out that the game will have two reticles - one for the torso (fixed where the torso is pointing) and one for the arms (which you can move about - provided your mech has arms).
I hope it's as good as I expect it to be

Anyway I'm rather excited about this and thought some people here might want to know that they are releasing more details at the moment and they are exhibiting it at GDC - which starts in roughly 14 hours.