Lacks atmosphere, lacks scares, lacks tension, essentially lacks everything that made the original so great. Story is all over the place, writing isn't too hot, directing ain't all that special.
Tries with its commentary on mob mentality and how fear creates monsters of us all but its not enough. If you want a generic slasher with little thrills then this'll suffice but to anyone wanting some of that magic of the original, this ain't it.
Not TERRIBLE, just really disappointing.