While scouring YouTube today for my daily intake of content, I came across a short video purported to be footage of the sleeper hit Alien: Isolation, shown at GDC 2015. The footage is grainy, even in the highest resolution, but even in its old age (at least when talking about games) it still packs a sense of tension found in the final version of the game.
With the by-the-shoulder camera technique, this version is quite reminiscent of the original Dead Space. However, since that game had already seen its heyday by the time Isolation's release, I can see why the switch to first-person came about.
Take a look at the footage for yourself. Oh, and there's a sequel to the game, if you didn't already know.