I am playing this right now. I had picked it up on Steam cheap. It isn't the Directors Cut though. I am enjoying it. Though, I think the graphics aren't super duper or anything, It's still a cool game so far. I think graphically it is just missing those unique textures, smoke/fog, and complex shadowing. You can tell it is a ported game from console. Enjoyment wise it is fun, especially for the price.
I wouldn't say addictive. It isn't Bioshock Infinite addictive. I played that game through twice in a row, where as I usually only play story based games once.