Looks like they're been working on this for the past couple of years and now that Monolith and WB Games has acquired the "FEAR" name back from Activision, they're looking to put forth a sequel. From the trailer it doesn't seem that much has changed, maybe just a facelift for the old one with new weapons and maps... but if your a fan of the old one, that's not a bad thing

So i adopt my usual pre-release game mindset: Wait and see and cross your fingers it doesn't suck.