Also, Alan wake was far from a disappointment for me. It was engaging, tense and suspenseful. I wouldn't say it was scary, but it had an amazing atmosphere.
I agree completely. I think it was going for more of a creepy atmosphere then scary, which I really think is awesome.
It looked good, but it was very different from what I expected. It was tagged as a psychological horror and the tech demos were about expansive, monumental environments.
What they demo-ed though was an action packed, over the shoulder RE4/5 like gameplay. It could be that what they showed doesn't reflect the atmosphere of the game as a whole, but I expected something more like an adventure game, and with a subtler setting.