Director: Oren Peli
Stars: Katie Featherstone, Micah Sloat

You know what's really scary about Paranormal Activity? Any one of us could've made it in our own homes, with any store-bought video camera. Well, assuming you' ve got the same degree of talent and vision that first-time filmmaker Oren Peli had when he shot this $15,000 found-footage haunted house flick and mined scares from nothing more than noises and tight pacing.

That Paranormal Activity raked in $193 million at the box office, has spawned three sequels, and dethroned the Saw franchise to become Hollywood's new October sure thing only makes Peli's do-it-yourself wizardry sweeter. OK, so maybe we couldn't do all of that. —MB

Also Watch