From what I've read (haven't played my copy yet, probably won't until tomorrow), it has some of that self-realization humor present in the first Max Payne (like the Valkyr dream).
Basically, different kind of game and combat, but definitely seems to have that Remedy stamp upon it. I'll edit this tomorrow when I play, Max Payne is fresh in my mind from a recent playthrough.
EDIT (as promised): Just finished the first episode. The shooting mechanics are not bad, not quite as awesome as Max Payne. The mood and setting, however, is pretty awesome. The game mixes a really creepy atmosphere with a humorous cast of characters and dialog. Some of the sound effects (doors, for example) seem to be lifted directly from Max Payne. The music is great, too.
Overall, for my first impression, I think that the Remedy trademark is definitely there. And the shooting is solid, if not as majestic as the bullet-time madness of Max Payne. The game does atmosphere and exposition really well, so if you can appreciate the way in which Max Payne handled crime noir, you will appreciate the way in which Alan Wake handles suspenseful thrills.
Post edited May 09, 2012 by EC-