After reading many reviews (not restricted to this site) I realize that this game is getting a lot of flack. I have been a Resident Evil fan since the T-virus was isolated to a little town called Raccoon City. I have always been a fan of the survival horror genre and I have RE to thank for that.
Having said this, I will say that every game after Resident Evil 3 has gotten farther away from that familiar city, and simultaneously farther away from that genre as well. However, despite that fact, it still does a remarkable job of using the same characters and continues the basic story threads that I fell in love with in the originals.
So, I say, take this game for what it is, a third person action shooter (among the ranks of Gears of War, Army of Two) made by a group that must have stopped to watch every Michael Bay movie ever, and let that inspire the way they crafted the game.
If you are a RE fan, DO NOT pass up this game because it is technically "not like the original." Instead, play it for the pretty good action game it is, as well as, the furthering of the RE universe narrative.