Well, what do you know, Yahtzee? For all I know (i.e. I just saw some gameplay and one cutscene because I don't spend so much money on a unproven concept), the story could be really deep, the kind that you watch over and over again to grasp the moral, like in UNDERTALE.
These all-purpose time powers make sense if you think of them as greatly slowing time in a certain area, i.e. a bad guy's personal space or your personal space. It's a lot like the electric powers in INFAMOUS.
And look, upgrades/downgrades that change how long actions take are actually quite influential. The main reason why DARK SOULS 3 is great is that it's very much based on time, like how long it takes before an enemy realizes you're a threat, how long they take to cautiously amble towards you, and how long it takes for both you and them to attack.