Lyric discussion by skittz 

Cover art for Waiting For You lyrics by Mary Elizabeth Mcglynn

Actually the song itself was written for the Silent Hill 4: The Room soundtrack. I see how you might think it's about James and Maria's relationship, however the lyrics more pointedly imply the feelings of a young Walters being confused about who his true mother was (and thus attributing the room he spent his earliest years in as his "mother"). It's a pretty messed up story, but I love it.