Don't be silly, guys.
To give RE4 controls to this game would mean to radically change it and reprogram it from scratch, as there would be involved a whole new camera angle and everything would have to be redone.
I'd never consider a change of perspective for these games, I like the 3rd person view and the fixed camera angles, it actually adds suspense by not knowing what lurks around the corner .
What they should do is simply give it some IR aiming capability like Tomb Raider Anniversary for example.
Like this you don't have to change a thing, you keep everything as it is but get rid of the thank feeling.
Walk around with the analog, and just point the gun/turn direction wherever you are pointing with the wii remote.
It worked for Alien Syndrome and TR, it should be fairly easy, quick and realistic to implement, and I would definitely pick them up if they did it.