Just wanted to say I got FEAR this xmas and I think it's a quality game, so I recommend it. I asked peeps on this board a while a go whether it was worth picking up, and got some mixed responses, but mainly positive.
My opinion is basically, slightly creepy at times, but not really very "horror". Quite a lame, repetitive story. Not complete rubbish, but no real depth to it. It doesnt disguise the fact that you're basically just shooting bad guys. But the shooting of the bad guys is awesome. Really quality effects, with lots of bullet damage, sparks, smoke and debris, shrapnel etc. The AI is decent enough to be reasonably challenging, and can take you by surprise and be unpredictable. Definitely a good game.
I made a 20MB WMV of a few bits and pieces while I had fraps running. Worth taking a look at it if you're trying to decide on whether to buy the game or not. I wasn't too far through it at this stage, and as you might expect, during the best firefights, I didnt have time to hit record, but it might help you make up your mind.
Fear Movie (Zipped to avoid steaming - WMV 20MB)
I recommend it for anyone into FPS games, who is all about the combat.