Ok i just finished it, so i can give my final verdict.
The games cut scenes graphics are just WOW, dont think we will see anything close to that anytime soon on the ps3. In game graphics are good but i have seen better in other games on a smaller scale and i guess thats where it counts. Now this is the first MGS game i have played so i was not used to the controls and didn't know alot of the things i could do so that may have affected the gameplay greatly for me, but i did not see anything marvelous about the gameplay. I found it to be irritating and the camera movement was frustarting at times.
I watched through every scene, and can i say i have never seen anything so corny in all my life in a videogame. Some of the interactions between NPC's was just stupid really. The story was a bit confusing for me as i hadn't played through any before but i got the jist of it. Very strange indeed.
Overall i give it a 9/10