This is the part that really worried me. They were talking about how the planets are procedurally generated but have the little "environmental narrative" elements that Bethesda is known for. So I thought, okay, maybe they procedurally generated 1000 planets and then populated them by hand with quests, NPCs, etc.

Then they go on to talk about how "your experience on a planet may be different from your friend's experience on the same planet," and they show an obviously procedurally generated fetch-quest from a generic NPC. So I'm getting the feeling that anything to do with the main story or the main faction quests is done by hand, but everything else in the game is just going to be procedurally generated nonsense. I could be wrong, but it's worrying.