Currently playing, enjoying it mostly. The worst consolification offender at first was the compass, but I've learned to ignore it halfway into the first level. Shooting mechanics aren't as good as the last game, feels less dynamic, a bit sluggish. Not a bad game, though. I like the level design. It's shit that you cannot lean, though. Also, it would be infinitely better without the silly regenerating health, duh. But it's a fun straightforward shooter (with only one really useless feature which is the weapon upgrading).
Oh yeah, the worst dumbing down offender and immersion-breaker is the GODDAMN FUCKING TEXT telling you to lie down when wounded, or telling you "press F to pick up" whenever you target something pickupable.
EDIT:
AHAHAHAHA, AHAHA, WAHAHAHAHAHA
The torrent I downloaded was multilanguage, the game's on English but the text is on German. English voice acting + German text showed that when BJ said "Nazis" the German text said "Wolves", so the censorship of the game is just as ridiculous as in RtCW
For your information, in RtCW German you did not fight Nazis but the Wolf Sect, some special organization of the Third Reich. And instead of Swastikas you could see wolf heads on the flags. Yes, German censorship can be THIS ridiculous.