I have no problems with the Resident Evil 4 control scheme. In fact, it works perfectly for a game which features slow moving zombies like Resident Evil 4 — a lot of the tension created was due to the inability to walk and shoot.
The producer, Jun Takeuchi, confirmed that Resident Evil 5 and a new ‘Gears-like’ control scheme option will be appearing at the Tokyo Game Show. Great, but this requires a Resident Evil game catered to such a drastic change. Otherwise, it could just end up being way too easy to dispense of the enemies.