I don't think it will be as good as the 1st two because it's being done by a different team. I wish Remedy had done it.
I remember I had just completed middle school when the 1st one came out. At the time, the my parents' PC had a voodoo2, so I had to settle for the inferior PS2 version which came out later that year. I knew it was going to suck compared to the PC and Xbox versions, but I bought it anyway. The textures and lighting on the PS2 version were particularly awful compared to playing it on a then-state-of-the-art Geforce 3 which was similar to what the Xbox had. I do remember the PS2 version had just as good of audio as the PC version did so that was a plus.