The first was written, directed and produced by 5 UCF grads. Arguably a 1) box office hit and 2) not scary and 3) a movie that I thought was horrible. Now we have a sequel.
First one was great...as they used "old school" movie magic (used mostly sounds which lead to viewers using their own mind to think what might be going on.
Back in the day...well before CGI...the scariest part of movies wasn't what you saw on the screen...it was usually what you didn't see...as your mind would think of the worst/scariest scenario.
Obviously, the non-scripted 1st BW was ground-breaking on so many levels...and it will always be hard to duplicate that magic.