I just picked mine up today from my (somewhat) local game store. So they're out there! My initial impressions are quite favorable. I think it captures the spirit of Moorcock's writings very well. I'm still reading it though so I can't offer final thoughts or anything. However, I'm very anxious to run it!
My only real complaints are physical. The text is very close to the binding so it's nigh impossible to get a decent copy of the various tables I'd like to reference at a glance. Plus, the background color is rather dark and makes it hard to read the text at times.
Beautiful cover though...much simpler and less busy than Hawkmoon. Man, it's great to have an Elric game back in print!