I sort of understand what you're getting at, although your ideas seem to be all over the place.
Which makes understanding it so much harder.
Although for Cloverfield I think it'd be better if we were Hud and we got to see everything through his eyes (basically the camera in the film). You can still do anything, and the Cinematics would be rendered with the in-game engine so you can look around even when in a cinematic.
Or something like that.
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