I thought this too the first time I played it, but then a few months later I went back and tried the first FEAR and realized that it wasn't as good as I remembered it either. Last year I went back and finished FEAR 2 and found it entertaining enough to complete. Now they both just seem meh.
well I played FEAR again more or less recently, and I'm getting so much more enjoyement from the sounds (the shotgun is just great) and the combat. I already know the scares so that is too bad.
FEAR2 has less detailed shadows than the first, and just soooo many things wrong that I don't want to get in those in detail now as I have in the past already.
to list quickly :
-sound is of lesser quality
-shadows are less detailed
-slowmo has become pussy mode
-grenades go puff
-mother ****ing QTE for nothing !
most of the scares were good, I'll admit that.