A recording of the third Crimson Dragon live stream is available. You can view it on Twitch.tv. The playthrough includes the Coral Lake area in the day time, along with the Coral Lake level again set in the evening. It reminds me of Uru in Panzer Dragoon Saga which could be experienced in both the day and the evening. Pretty.
The scoring system was explained, along with rewards system. It looks like there will be lots of items that can be collected and customisation that be done to the dragons; there will be something for RPG fans as well as shooter fans in Crimson Dragon.
The revival gem system was also shown, which involves in-game microtransactions. It appears that the revival gem system will work similar to Crimson Dragon: Side Story’s jewel system; you’ll be able to purchase gems with real money and use these as “continues” if you die during a mission. Crimson Dragon: Side Story also allowed you to level up, making the missions easier on subsequent playthroughs, so buying these jewels will likely be unnecessary so long as you’re prepared to put time into the game. My personal view is that it’s unfortunate that Crimson Dragon will break the immersion by containing microtransactions. Doing well in the Panzer Dragoon shooters was due to skill rather than than based on time or money (even if it takes time to get good at the game). Microtransactions, especially at a time when the player is vulnerable, are exploitive.
On a more positive note, the partner dragon system sounds like it will increase the game’s replay value. You’ll be able to share your customised dragons with your Xbox Live friends. Dragons that your friends (or other members of the community) have customised can be used in missions as “wingman” dragons. To obtain an S rank, it will be useful to download dragons from the community and use their skills to assist you in your mission.