So you basically need a really bad youtube capture from Alan Wakee to let Fatal Frame 5 look good?
Side note, never use screens of heavily youtube videos for comparison.
You just wont find any point in the whole game where Alan Wake looks that simple, to use very kind words.
THere are scenes where, resolution put aside, Resident Evil 4 Wii looks better than Fatal Frame 5 does.
Got a feeling some people aren't interested at all in facts.
Go and take some screen grabs of Alan Wake. All those effects really interact badly with youtubes video compression. And once again, that game never even was a reference.