I'm sure I'll give it a go, but I'm not really looking forward to it. Hollywood horror has been so unutterably poor for the last few years (and beyond) that it is hard to get excited as another supernatural/found footage thing is announced.
That it has any connection with the people behind Paranormal Activity and Insidious sets off alarm bells too.
Furthermore, I note with trepidation that it is directed by the guy who made The Exorcism Of Emily Rose and the remake of The Day The Earth Stood Still. Not a proud heritage.