I watched this when it just came out. At the time I was a child and was actually quite interested in the whole cryptozoology thing, so normally this movie seemed very realistic to me. Today, when I look back, I still think the movie is entertaining, even though I now don't believe in such things. I somewhat interpret it as a mockery of many TV shows which are about "monster hunting" and try to present themselves as real (such as Destination Truth). If you like mockumentaries or found-footage movies, I recommend this one, at least it's not about hauntings or the supernatural like most are today.