Overall impression might be not that bad, but it is bland and lazy nonetheless. 2 completely different types of enemies give you practically the same armor set with painting as the only difference. New location is boring, except maybe weirdly cool looking home backyards. Meh, could be better.
Game is beatiful, balanced, well optimized and have decent Gothic-style experience. However, game tries to please a lot of different groups of gamers, so it stretches thin on storytelling and setting. 1 and 2 was both was whole and complete, 3 is kinda overdeveloped.