Extraterrestrial hits VOD October 17th and will be in theaters November 21st. It's creepy and well made with a great looking alien presence. Few alien movies actually get me. Sure I find them entertaining, but they don't frighten me. Extraterrestrial has the perfect atmosphere and ambiance while maintaining the traditional "cabin in the woods" style flick to make me feel right at home (also see Exists for a movie that has a similar workable formula.
The Vicious Brothers were responsible for Grave Encounters which is widely accepted as a solid piece of found footage filmmaking. This has many of the same attributes that the original Grave Encounters had (and I liked the sequel too by the by) even though it isn't a found footage movie. It simply follows many of the characters tight to provide their perspective (hint hint filmmakers who rely on found footage shooting style for costs purposes, this is a more theatrical alternative).
The aliens... look bitchin'. Think traditional aliens not xenomorph or crites. 1950's stereotypical aliens. The effects work is good and gooey and creepy while paying the proper respect to classic alien fiction and putting a unique spin on it. Michael Ironside is in it. What more do you need me to say? Note: the trailer is awesome (see below), but it really makes the movie seem like something totally different than it actually is.
You get to your media hub and make sure to check this one out. It almost reminds me of an extension of Slumber Party Alien Abudtion from V/H/S 2 as directed by Jason Eisener.
Synopsis from IFC Midnight: