Well, I bought this a couple of days ago (to help "compensate" for my faulty copy of Wild Arms 4) and I have to say I'm more than impressed!
Its strange because I have owned a copy of Metal Gear Solid 3: Snake Eater since last year but never got around to playing it (I also have the soundtrack which is wonderful). So anyway, I decided to buy the Subsistence version (I'm impressed with its three disc make-up!) and think its one of the best video games I've played (and watched!) on the PS2 games console (so far).
I'm aware one of its main features of improvement over the standard edition was the third-person perspective camera system and even though I never played the original version with its fixed camera placements, I can tell what a massive extra feature it is! Swapping between the two seems to really help the gaming expereince no-end.
I'd also say that on a technical level MGS3: Subsistence also possesses the best visuals I've seen on the PS2. In fact I'm amazed they managed such high-quality graphics!
I'm also impressed with the story so far (though the dialogue differs from the good to the down-right bad).
My progress thus far is post The Fear. And what a good boss encounter THAT was! It reminded me of the sequence in the first Predator film where they keep firing in the general direction they think the creature is (well, that's what I was like at times - I saw some leaves rustle or distorted movement amongst the trees and bush and fired wildly!). I also have a thing for demonic tongues too so The Fear instantly got great respect from me because he's got a tongue that I would like. I also like the reference he uses to the Brazillian Wandering Spider, one of the most deadly spiders in the world who - thanks to the Black Widow - gets over-shadowed (I like spiders you see)!
There's a seqeunce that makes me laugh after you save when you're talking to Para-Medic and she asks Snake if he's ever seen the James Bond film From Russia With Love and he says he doesn't like Spy flicks. His reasoning was that "Its just pure fantasy...", and yet has it occured to him that the likes of The Pain (inspired heavily by the character in the Ninja Scroll film who has a Hornet's Nest attached physically to his body) and The Fear (who's movement style has been inspired no doubt by The Exorcist!) don't belong in the reality of the jungle in the nineteen sixities! Made me chcukle anyway!
Thought I'd share that.