I watched this last night after paying a fair bit to get this on import here in the UK on the strength of the trailer alone, and wasn't disappointed. This film has to be my favourite horror film of 2005 and p****s from a great height over the majority of Hollywood "horror" films of recent years despite its low budget. I consider myself to be a horror veteran and this film creeped me out even though it contains elements from films you will have already seen (House on haunted Hill springs to mind). The location is fantastic, I think one of the characters even comments on the fact that you don't need to do much to scare people given that location, and its true, the place is scary as hell. The cast do well considering they are not the most well known actors, and you don't notice the lack of a big budget except at one point. I won't spoil any of the elements of the film further and leave it to saying that this is what horror films should be like, atmospheric, creepy, characters who react in believable (well mostly) ways and deserved to get a full theatrical release. The makers of Ghost Ship should be made to watch this film, the makers of Resident Evil should be made to watch some of the scenes in the basement and shown what those films could have been like if they'd done them properly.
Very very good horror, recommended if you can pick it up
Very very good horror, recommended if you can pick it up