As soon as I found out the prequel was available for the PS2, I nabbed it for my husband. He's only just started it, so I a proper review will have to wait.
I do want to say that the map function is 100% better than previous games.
The graphics are pretty darn good for a hand held port to console. I don't ever begrudge Silent Hill looking nothing like Final Fantasy because the crispy visuals just aren't good material for Silent Hill's sort of horror. In fact, the visual gets grainy and the tracking goes wiggy when a monster is close by. It makes it easier to know when to look, though some of the monsters are harder to kill.
Big Hint: Grab every IV stand you can find. They kill things fast and resist breaking for a while.