Last night I watched the Blair Witch Project online for the first time since I saw it in the theater. Lots of people complain about it (in the daytime), but in a theater that film got a lot of creepy milage out of the simplest things, like hearing twigs snap outside your campground, hearing voices you can't quite locate, seeing things that just don't belong there. That film cost $75,000 to make (maybe $1000 today), and it made $150 million.
Making a small movie doesn't mean it can't be effective.
Try watching Blair Witch alone on Halloween way out in the country. Heh.
I’m quite fond of ultra low budget movies - good ones. El Mariachi, Primer, Cube, Blair Witch Project, Pi...good stuff happens when all you’ve got better be good stuff. Film School Rejects is reporting on someone doing Ken Burns’ World War Z in fragments. Methinks someone could pull it off with, um, generous sampling of other works, creative use of iMovie, and the audiobook (read by a variety of talented big names).