It has a disadvantage in being free roaming, the large open world will tax the system a lot compared to more enclosed, fully scripted games like Gears of War 2 but I have no idea how Alan Wake will look on my TV when I've gotten it, I do think it'll be a truly impressive sight to behold though.
And if you're counting PC among best graphics overall, then no.
PS: I agree with d21lewis; this will not end well...







