Oh, hey, this game looks a lot like PT if it released on PS1, that's pretty cool. Lemme check out the Steam page. Oh, yup, "heavily inspired by PT, Paratopic, and Silent Hill", that checks out.
Climax Studios' second stab at the series, Silent: Hill Shattered Memories, revisited the idea of doing a reimagining of the first game. It is, as Sam Barlow puts it, "a weird-ass postmodern riff ...