Well, you know, it's a slasher movie; in my mind, nearly all movies in this genre are subpar. Still, in terms of slasher horror movies, this is a pretty good one, and has an interesting twist in its way of making fun of itself. It's worth watching before you die due to its cult status and is especially good to show to people who want to see what a slasher movie is like. All in all, though, incredibly mediocre and simplistic.
In a sentence:
A very good slasher movie. So a pretty "meh." movie.