I think it looks nice, but for all we know, it could turn out to be a new 360 game in real time.
If it is RE Wii, then I am happy. I want the first Wii game to use prerendered backgrounds. Then later, I would like a first person RE with real time environments but with the classic, what was that, gameplay.
I want to see the Wii remote tried first on the slower paced model of the original 2.5D games. 2D gaming is not dead. The remote control can bring new life to the old form just as it can be used to create something entirely new. The aiming will work in third person with Nintendo's controller better than MS' in first person.
Once they get a hold of developing for Wii, then they should do a real time RE game unlike any before it. Something similar to the early build of RE4 with free roaming first person controls?