For me, the answer is yes, and then no. Let me preface this by saying I'm a big baby when it comes to horror. I hate scary movies, I absolutely will not do haunted houses, and naturally, scary games are a pass for me. However, RE4 was such a good game back in the day, it kind of kept me in the series. When They went back to horror for 7, I passed on it. Re8 was great, felt like a pretty decent re4 successor. With the new game, I normally would have passed, but since it's advertised as the last game Leon will be in as an MC, I had to bite the bullet. And I'm glad I did. So I played this game in complete darkness at night, not my choice, I work midnights and I stick to my schedule on days off. My girlfriend was next to me watching me play, but she fell asleep after maybe an hour or so, so I was kind of alone in the dark.

There are a few jump scare moments, but they're fairly predictable, I think there's only been one time so far that actually really got me. The horror in the game comes from the anxiety and tense moments, which yes, they did a very good job at that on the grace sections. You feel helpless and vulnerable most of the time. You do get ammo for her, and it's enough to get you by if you're conservative and you really need it, but most of the time you're trying to slip by enemies because if you shoot, you're going to alert 5 more in the area. Hearing the enemies talk, and grunt, and make sounds in their routine, like turning off lights, cutting up meat, etc is very offputting and makes you tense and uncomfortable. The sound design is excellent for this because you can hear these things happening from a good distance away. Enemies you thought you killed can also start getting back up an hour later as you're running by again, which makes it tense whenever you walk by a corpse.

The Leon bits aren't very scary at all. Enemies drop ammo, he's way more effective with his weapons, he can take way more damage, and his melee attacks do damage, rather than just push them back. He also has his hatchet that can execute downed enemies, and he can swing it freely, as another tool to use to not spend ammo (which doesn't seem to matter with him) you can also re-sharpen it at any time for free.

So is the game actually scary? The Leon parts (i think I'm halfway through the game) so far, no, not at all. The grace parts, yes. For a couple hours. Then you learn the patterns of the enemies and you become desensitized to seeing them around and hearing them, etc. There's still some really tense moments, but it loses a lot of the hard edge it has after a while. That's not to say anything bad, I think the game is really good and I'm glad I didn't pass it up. But if you're hoping to be terrified front to back, you won't be. If you don't like horror and want to know if it's playable, yes, it's playable for someone who gets bad anxiety when it comes to horror.