I've barely scratched the surface of the game but the new crafting system is AWESOME! Its almost like playing The Sims, if The Sims didn't svck and was set in a post apocalyptic world. I couldn't stop building, tearing down, rebuilding, furnishing, and fortifying my houses last night. Bethesda...you guys got it right with this feature.
10/10 - would build again
EDIT 1: Added screenshots for those interested, you can view them at his http://imgur.com/a/DkPKv.

looks pretty cool
Lots of kinks, but I to have spent a lot of time messing with it. My biggest complaint is the managment of the settlers, I still haven't figured out how to assign work without talking to each one and there really should be an I/F screen showing all work positions, who is filling them with the ability to assign work.