The Wii controls are terrible. So I emulated the game and mapped the control scheme into a Xbox 360 controller.
With this, the game is very, very enjoyable. Much better than I expected. The atmosphere is one of the best in all of the series. Really creepy, suffocating and frightening.
As a side note, it may be the easiest of all Fatal Frame games, but the one where you die the fastest if you get grabbed by the ghosts. Yeah, that's contradictory.