And yet it's not the first, the groundwork was done by games like DayZ (the mod, then the standalone game).
The other downside is you spend a very long amount of time looting and exploring only to have it all come down to about 2-3 seconds of gunplay. In those 2-3 seconds you experience perhaps the worst gun combat ever designed. It's very inaccurate, buggy, and frustrating.
The game desperately needs polish. In fact the genre deserves the AAA experience because it is down right exhilarating.