WAKE did it's job......at least for me. It left me with a HUGE cliffhanger (something I cherish in horror titles) and I'll be clinging to any info on future DLC and upcoming sequel(s).
I don't have many gripes with the game's mechanics, scares, characters (though I would have preferred better lip sync/facial animation). My only major gripe at all, texture quality, which could easily be corrected in a future release, so it's not a big problem. And the enemies, while repetitive, were a blast to battle against. At times, it was terrifying in those woods.
So far, this is my 360 GOTY/Horror GOTY.