Graphics-wise it is no Crysis, but I still thought the game looked pretty damn good, especially considering that I recently booted up my old copy of AvP2 and noticed how much has changed in 9 years.
Also, I too was wary when I first realized there wasn't even a button for ducking, but when you think about it for a moment an intricate cover system would be hilariously redundant in this game.
All in all, though, I agree with your review. The new AvP wasn't exactly everything I'd hoped for as a fan of the franchise, but it's still a lot of fun (even with the awkward PC controls), and in the end that's all I want from a game.