I bought Super Smash Bros. Melee today at EBGames, and apparently they give you a free Resident Evil 4 demo if you buy any GameCube game.
I played the demo, and I was stunned. This Resident Evil feels different, yet the same. You'll understand once you play it, because it doesn't use the same old engine it used to (prerendered backgrounds, and stiff character movements), it's in full 3D now, and the camera is always behind you.
The graphics are awesome, bump-mapping everywhere, it's insane. It has a gritty a la Silent Hill feel to it, but it's very much Resident Evil.
You play as Leon, and you end up in this barren old town/farm place. The cool thing about it, is that they actually have Spanish people in it (Yeah, finally assholes), but they're psychopathic killers who can take 3 shots to the head. So far from what I've played, they are no zombies (maybe later on?) but there are those crazy Spanish farmers who carry reapers with them. Oh, and they're human, just very crazy.
I'm really looking forward to this game. Also, it's headed for Playstation 2 as well.