I finally picked it up last night along with LA Noire which was on sale for $20.
Uggg.... made it through chapter 1. The tension and atmosphere is NUTS!!
I think honestly what makes it that way is the fact that you're not some super agile endless ammo warrior of death. You're genuinely "normal"; slow, can't really strafe and avoid attacks that easily, 6 rounds of ammo and bullet by bullet reloading.
Anyone catch the barcode at Alan's house? Reads "Huh, Turns out this isn't too bad even if you're not sitting on a couch when you play it. Who knew!"
Referencing the reason the game was originally canned from PC.
"Some games are more suited for the intimacy of the PC, and others are best played from the couch in front of a larger TV screen. We ultimately realised that the most compelling way to experience "Alan Wake" was on the Xbox 360 platform, so we focused on making it an Xbox 360 exclusive.