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Extremely well put! I can't remember the last time a horror flick drew me in from the start and had me engaged from beginning to end with sheer excitement like this. You also nailed it with Essie Davis, phenomenal!
Then again I am not in the demographic that needs blood or gore to consider a horror movie to be good or not. In fact, I am quite the opposite. True horror is something that gets under your skin and makes you think "what if". It makes you use your brain (I know...God forbid) and be absorbed in honest to goodness storytelling done right.
If you are a fan of horror flicks and extremely well done flicks in general the fact this is slow is no excuse to miss out on it or at least give it a try
Bottom line is this movie is chilling, disturbing, and you will find yourself going back to it more than once.