GameInformer reveals it's sequel reveal is... Silent Hill.

[Reasonable]

Khuutra said:

Reasonable said:

Please don't let it be a Western developer (US in particular) as they just don't get it.  Western tastes run to conclusions, thrills and combat coupled with minimal freaky shit... Silent Hill needs ambiguity, chills and minimal combat coupled with seriously freaky shit

This is a job for Japanese developers for sure.

http://store.steampowered.com/app/57300/

Western developers can do pretty okay.

It's good and all (I've got it) but it doesn't quite the freaky highs of non-Western messed up horror.  But it's good, if reliant on more obvious scares and a heavy dose of classic European horror with a touch of HP Lovecraft (yes, I know he's American!).