(considering its getting quite some critics on the taleworlds forum, it doesn't looks to well)
A lot of the criticism that is angled towards NW is the generally over-dramatic attitude that seems to be fairly common on these forums, the fact that we moved off of the forums in the first place and a general disdain for Flying Squirrel Entertainment. That said, the crew over at TaleWorlds seem to perform fairly well when it comes to moderation and the management of certain threads, like the Ban/Warn/Mute thread. Kator Viridian hit the nail on the head, though; Warband's population always has and always will exceed NWs by far.
Then there is (as mentioned previously) the extortionate cost of the Napoleonic Wars DLC. Given what you're getting it's hardly worth the investment when there are better and far more interesting modifications for Warband - the ASOFAI, the various Crusader-era modifications, L'Aigle, etc.
Here is how it is:
Cost of Warband is just Warband, Cost of NW is Warband plus NW.
Fortunatly I got my NW for free thanks to a hick up on steams part, which was rather helpful in letting me get Warband (Even though I had it), Mount and blade original (Which I had), With fire and Sword as well as NW ... for 30p less than NW was selling for. Couldn't say no to that and proceeded to buy it.
Warband offers a variety that NW cannot, to people who only have to buy one game. There will be a much smaller community for the game that FSE is creating for these simple facts:
No modability(that we know of) that NW players are used to.
Appealing to mainly NW players and re-enactors which will more than likely of already been appealed to.
The game looks pretty much the same gameplay as Warband/NW ... feel free to look at the gameplay pics and just scroll down thinking "NW" and you will just see NW with hyped up graphics from predicting what will happen next.
The new game offers very little and is just aiming for the same thing it always has.
Sorry but NW is not dead community wise but its spirit from the old MM days has been utterly crushed. There is no new life or thought process in the game, Events revolve around the same thing over and over again with nothing new to add. The game will slowly go down the drain until it is just the Die hards left.
Sorry but to me this game died a long long long time ago.