People waited 9 years for Max Payne 3 as it was delayed time and time again in development, but unlike say, Duke Nuke Em Forever---this game is definitely worth the wait.
The cut-scenes and bullet time sequences are awesome, and unlike games that use QUICKTIME effects--the bullet time is pretty fluid and your character won't die on you because you fail to hit the X in a stupid A, B, Y, A, B, Y, X sequence. Honestly developers gotta stop all the Quicktime battles, and none are to be found here.
Story is very gripping and you feel for Max and want to see him kick some butt. The game requires strategy and skill and can be challenging even on the lower difficulty settings.
But if you want a really good action/First Person Shooter kind of game, this is by far the game of 2012 as far as I am concerned.