Yeah, it was terrible last year, but supposedly it's been significantly improved. Time will tell. But if it has quality CM integration, I could imagine it being worth it for CM junkies like myself.
What I really want, and doubt it has this year, is the ability to add more lower-leagues or create new leagues that include promotion/relegation structure. There's enough single division leagues already in the game that I don't care about adding a new league just for the sake of playing in one division.
Also, being able to create a club from scratch could be fun.
My expectation is that integration with CM this year won't be deep enough to really be great, but the possibilities are endless and hopefully they'll advance it further next year.