I was a tester on this and it is really fun and evocative.

Pros:

• easy, fast and  immediately entertaining
• good theme and flavorful mechanics
• just the right amount of scary for non-horror fans too
• needs no rpg experience to play
• good premade story structure

Cons:

• can get  confusing
• very group dependent
• hard to play online

Neither pro or con:

• narrative support is limited, so you need to get creative
• no game master but you can homebrew more responsibility for the presenter if your group is not good with shared narrative responsibility
• no conflict resolution mechanic so you might want to homebrew that too if your group has a lot of conflict
• you really need to have the camcorder token physically visible