Oh! I forgot to mention, about the huges amounts of loading, we got the same freaking thing on PC. Its very annoying and kinda of long loading too. (around 30-40 sec.)
So that bad issue isnt only related to the BOX but it more a programming and a game engine problem.
On a game like FEAR who is even more demanding graphiclly than HL2, you have much less in game loading and it only take like 10 sec. to load. In fact there only loading on FEAR when you switch levels and no in-game dumb loading like on HL2.
Valve need to improve their engine for sure. This is a problem that was also very annoying on the first HL game.