If you like story driven games that are slow burners with heaps of atmosphere than this game is definitely for you. Alan Wake is more a TV show than a game, and the premise is fresh and fun.
The graphics won't be pushing your PC to the limit, but the world is vividly imagined with minute realistic details. I loved the way the trees were swaying during my nocturnal flights of fear.
There were murmurs of complaint that the game wasn't scary enough nor that it had enough action. I found the game a fun outing but if you want quick fix thrills than this wont be your cup of tea.
The PC version I have has extra episodes with comments by the developers that make a second play-though really tempting and all-in-all this is a great little package. Not a money-grabbing port but a decent upgrade that is your money's worth.