Started playing this about a week ago and - kinda really like it .
Story is kinda silly - essentially you are a police man and have been called in to investigate a series of inexplicable murders in a psychiatric hospital when a bizarre apparition appears and transports you into a world of spooky madness. You need to fumble your way thru a the dark inner psyche of some deranged supernaturally enhanced patient.. which gives the developers free reign over creating a pretty disturbing world with equally disturbing bosses - some which you can't really kill but just have to run away from.
Ammo is sparse, the bosses are smart and the environment is dark and confusing - so all in all its challenging but not impossibly so.
Kinda feels like a poor mans "Last of us" in so much as most of the killing is stealth and if you screw that up - its just minutes of pure terror running around trying not to be killed and getting the hell out of whatever situation you have been plonked in.
Graphics - are fine, still not feeling a huge uplift in this whole "Next Gen" thing - which may be in part due to this being released for Xbox 360, PS3 as well as the new gen of consoles and PC .. Ports always seem to suffer in their tech brilliance but that's very much the way of it so far I've found.
So - the first bits of the game stressed me out to the point where I had to leave my pitch black surround sound room for a bit of a breather, but past the first few challenges it all quickly turns into a pretty standard third person shooter.
Verdict - good, not brilliant but enormously playable and fun, few tech issues (texture pop in and the like) .. 7.5/10 so far