The developers behind Cold Fear don't suck. The game will be good.
BTW this topic has already been discussed (I posted in one similar TODAY) and it has already been debunked that RE4 invented the over the shoulder targetting system.
That's already been discussed. IMO, it wouldn't work because it would only be ripping off RE 4 and changing Retro's formula which works just fine. Also, Retro's design helps immerse you more than RE 4.