It all depends on what you mean.
The last few REs have been terrible, so we don't need anymore of those.
But we definitely need some old school RE style games... so if this is more like that (and it looks promising) than this game will be a great addition to the Horror-Survival genre.
It reminds me of a weird mix between silent hill and resident evil.
a million times better then those million slenderman clones.
The game is from Shinji Mikami, so you can inspect some inspiration from the best parts of the RE games he worked on (1 and 4).