Bare in mind this is Medal of Honor and not Call of Duty.
I personally think it's a cracking game. Runs smoothly and the campaign is as great as the first game.
MP wise, it's different but in a good way. The maps are well balanced, no gun is over powered and the support actions are great. I personally was surprised by the MP on this after how bad the previous one was. I think it's great! There are also free maps coming out soon for those who bought the Limited Edition version :).
Graphics are a bit rough around the edges but it looks no worse than Battlefield 3 or Call of Duty. It just really shows that we need the next gen on console!
At the end of the day though, the best reviewer is yourself! :). Try it, I personally think you will be pleasantly surprised!