In general, everything is excellent, but clearly not at the level of the previous parts.
All the disadvantages lie in the graphics and horror components.
Why are the graphics so mediocre? Yes, the thing is that we see both awesome lighting with shadows and anti-aliasing and soapy textures at the same time. It hurts the eyes!
Also, from horror, this part turned into some kind of action movie. Why is this bad?
Yes, because it was possible to combine action with horror stories, as was the case in the second part. It was great! And when elements from the first part appear in an action movie, it gives a feeling like “...and you’re trying to scare people with this crap?”
Perhaps I'm being picky, as you might think. But this is the impression I got from the game.