Unfortunately I am not familiar with pen and paper rules so I can not comment on that but if you will list some things that you liked or did not like I can confirm their presence.
Generally, there are traits like strength, dexterity, stamina, manipulation, wits, intelligence, perception and some others. Then there is whole bunch of disciplines (something like magic). Plus health, blood pool ;), resistance against fire, different types of assault, frost...).
Combat is kind of like cross between real-time and phased. Right now you just control one person in party and basically command to cast spell or kill somebody then probabilities come to play to figure out if you actually succeeded and if so how much damage was inflicted. Other party members are controlled by party AI but you can still direct them and adjust AI settings. Then developers are going to release patch that will allow to pause game set commands for all party members and then unpause it kind of like in phase based system.
RONA

Story goes something like that:
"God" cursed Cain for killing his brother, yeah these infamous brothers from bible, by forbidding him to feed on anything that grows out of earth. So Cain can only consume blood from him go 13 vampire clans that under disguise (the masquerade) live among people till our days. Moreover, some of them live very well managing to control fate of humanity in certain moments. Nevertheless, all these vampires plagued by internal turmoil and constantly fighting among each other.
Main character is the crusader from the 11 hundreds AD that eventually became vampire and is bound to live forever. His quest to bind vampires and find salvation for his own life unveils over centuries from medieval times till presence.
There is quite a bit of role-playing but at least in the beginning it is too linear hope it will change later in the game.
RONA

A friend gave me the game without comment. I now understand why.

After 3 hours play, I brought my character to the point of being 'converted' to a vampire. I took a break there. The next day I loaded up the game and by accident, hit New Game instead of Load Game. Not wishing to start over, I quit WITHOUT SAVING... or so I thought. Turns out, the New Game, all 13 seconds of it, had been written over my old game. I sent a nasty note to the V:TM folks asking for my game back or my money back. This was a week ago and no response so far.

Upshot. It's a very linear game without much lee way as to what YOU want to do. When you finally become a vampire, you find your powers aren't any better or more than when you were human. Most of the decisions are made for you by the game... a narrow path to follow.

Advice. Find a LARP (Live Action Roll PLaying) group in your area and join them. V:TM, in my opinion, is a waste of time, if not money.

I returned the game to my friend, without comment.

m.t.bear

"All that we can name
is but a Game within a Game".
m.t.bear, torn from the
clammy grasp of e.a.poe

An it is so easy to add an "Are you sure you want to overwrite your existing game?" message ...

Tools for your Wizardry(r) toolkit

Chunks!

And almost as easy to open a Windoz box to C drive so you could Save Game until your hard drive got cramps. Definitely a thoughtless, rush-to-market-cash-in. Activision needs a 'sense of shame' patch.

m.t.bear

"All that we can name
is but a Game within a Game".
m.t.bear, torn from the
clammy grasp of e.a.poe

With Wizards & Warriors coming out soon (Fall this year).

Tools for your Wizardry(r) toolkit

With V:TM, I'm afraid the 'next time' will be a waste of time.

But I am SO stoked on W&W... looking forward to at least a Windoz Demo... can't abide DOS, don't have VESA... I am SO depressed and left out.

m.t.bear

"All that we can name
is but a Game within a Game".
m.t.bear, torn from the
clammy grasp of e.a.poe