Red Steel is a rock solid FPS
The animations are a little jaggy in some spots but the gameplay is fun. It looks like a last gen game, but it does put the Wiimote to good use. It's not the kind of game that will drop your jaw, but it's a solid "pick me up when your bored" game.
Red Steel is.....fun. If you want to play a solid FPS game then it'll be worth your while. Just don't expect it to be in the same category as Halo, Half Life, Metroid, etc.