Yeah, it sucks for Stardock...and well, everyone. I guess for Stardock they better get this stuff patched up in time for releasing the demo. If they can do that it might save the day, otherwise this will be another game that gets trashed at launch and then fixed up well later on that few people pay attention to.
From what Im reading of peoples impressions, the game is good once you get past some of the bugs (which I think a lot of them are being blown way out of proportion). Reminds me of Borderlands PC: Good game if you get past some of the borked shit. And even Borderlands still has a lot of those things in place (like, oh, that fucking UI), where Im fairly certain Stardock will fix the issues in Elemental.