Exactly what I wanted, nothing more and nothing less.
Combat has been improved to the point that it becomes easy to take everyone down with melee weapons. If you study enemy patters for a few minutes, including bosses, you can easily finish the game with only the knife, you won't even need any health packs or ammo. The plot might tie in with Silent Hill The Movie at some points so I suggest you watch it first, and if you liked the movie, you will probably like Homecoming also. It's actually hard for me to find things that are bad here. Everything that needs to be here is here and it makes it a worthwhile Silent Hill experience.