I have finally finished watching Alan Wake. It's very doable to watch it like a movie. Oh, and it was really good.
I suggest you watch RolandGamingHD, he doesn't talk, so you can really pay attention to the story, and he doesn't skip anything. You can even lol at him for his horrible driving skills, falling off cliffs, running like a coward and his amnesia (looks at the same stuff many times).
Critique *SPOILER ALERT* (hardly)
I loved the horror atmosphere, but when there is about one third of the story left, it becomes hilarious at some points because of one of the characters. And also, when there is one third left, it becomes some sort of adventure (like in those cheap movies where the main character and his buddies totally own the enemies, without taking a scratch, having fun while they are at it and so on) so that kind of ruined the atmosphere. The ending was good though, albeit confusing, but that's intended I think.
They will release at least two more episodes, one coming out on July 27 I believe. That's good, seeing as how the story seemed incomplete.