Although this looks generally amazing from the video it seems like to fire you have to enter a first person mode and aim. For an action game I fear this sort of methodical sniper aiming would break the action (but I also hunter stand the hunter theme). Do enemies just stand around and wait for you to aim? Is there a quick fire option? How does the sniper aiming play across the action? Otherwise this looks great; seems like there is an emphasis on boss fighting.
...and heaps of game parody scenes!
Game parody scenes should be interesting, nice touch... the main character looks a little like Samus. Maybe Redcap Suit is suppose to be a tame Mario reference? Hopefully there's some wittier references.