I tried this for the first time this morning and sure enough... it tastes like cappuccino. I was really surprised. It does have the faintest aroma of instant hot cocoa (without the chocolate smell). You'll know what I mean when you smell it. You'll also read elsewhere that it's unsweetened and that's true as I needed to add sweetener to it, however it does have sugar listed in the ingredients and it's 90 calories per serving.
Overall... I like it. It will be my treat in between my normal everyday coffees.