I actually think MGS4 is still ahead of it's time and it's still on top spots on both narrative and gameplay, especially gameplay, for all the 3rd person games available even today, I think MGS4 is still unique and offers freedom that just a very few games can match, or possibly none.
Narrative-wise it may be on the edge of becoming a soliloquy and abuses from exposition, plus it's a very polarizing game among fans, but it still offers a lot of excitement and interesting story and characters.
Sure, narrative-wise it has been surpassed by the likes of The Last of Us, but what it lacks on story it makes up in gameplay, which IMO MGS4 beats TLOU on that department.
I could play MGS4 just for the gameplay alone.
It's a real shame there's no VR.