I've been playing this with the patch. Overall, the patch is well done but still has a bit of awkward English here or there. The game itself does leave something to be desired. I'd say it's worse than 2 and 3, but better than 1. The controls are really awful, and the ghost AI seems a bit underdeveloped almost as if the developers were compensating for the horrible controls.
I just got up to the third chapter and you get to use this Spirit Stone Flashlight in place of the camera and it's far and away the best part of the game thus far. Basically you use it similarly to the camera except you charge it up by holding a button and then discharge it and "kill" the ghosts. I'm not sure if the tool will exist beyond this chapter (each chapter you play as a different person) but I'm definitely enjoying it while its here.
For those interested, either Chessa or myself will be throwing a review up on PixlBit sometime this week.