I bought this game in May 2010, having not played the original F.E.A.R. ; overall I must say I enjoyed playing it, and it made me jump with "fear" a couple of times.
Graphics are good, there are various scenarios/environments where your shooting skills get tested, but, before buying it, I had a feeling this was going to be a 5 stars game although I was left with a somewhat bitter taste having got to the end.
I guess the experience value must also take into account the price of the game, and given that the game is now under 10 GBP, I'd definitely recommend it.
There are rumors of a F.E.A.R. 3 and I hope that developers will push the game a bit further forward and give us gamers a truly memorable "horror" experience.