Sounds very cool. I'm not sure if the game will scare me in any way. Most res evils have stopped doing that for me, for quite some time. But at least it may be fun doing so. The demo looked great. Great for the graphics are right up there with a convincing B-horror movie. For some, the bad because it looks like it will emulate a B-horror movie perfectly. Still, I'm all for the idea of an interactive game that somehow puts me in complete control of a character in a B-horror movie done right.
What's especially interesting about this game is not simply the graphics, but the graphic style they decided to go with. The graphic style is almost more Silent Hillish, this time around. Right down to the somewhat gritty look of the lead character. It's kind of reminiscent of SH 2-4. Still, those rejects from the Texas Chainsaw Massacre are cool.
Which reminds me, I've still yet to pick up SH4. I'm thinking about doing so, but I have a few playthroughs of Fatal Frame 2, directors cut, to finish first. Oddly enough, Silent Hill 2 (Pyramid man might be the freakiest and most disturbing character known to Survival horror) and Fatal Frame (jump scares galore and the only one that can do so while in combat) have become my favorites, even though I pretty much have the survival horror games of Resident Evil under my belt. I skipped the RE gun games and stuff.