IN a sense yes, but all battles are taken all around instead of small areas. Also you can fully customize your character in both looks and moves. You also do have a limit time (7 days in game) to complete your objective, but there is a New Game+ so you can build up your guy and have a easier time getting stuff done in the next cycle. And there is also multiple endings I would think because of different events and girlfriends you can have.
I shall take this potato chip.... and EAT IT! - Light