Definitely looks cool, but everything shown so far is what we've already done in RE4: shoot down an oncoming truck, tangle with rabid dogs, snipe explosive barrels, fight a berserk chainsaw guy, etc. I just hope there are a ton of surprises since I don't see anything novel in the gameplay. I heard rumors that it would use a dodge mechanic similar to God Hand's, and while that sounds intriguing, I haven't seen anything to back it up.
Oh, and either Capcom is completely oblivious to the whole racial controversy (highly unlikely) or they're embracing it: "There's no humanity here" followed by "Welcome to Africa." Hot black female heroine works well though.