Sooooooo... The first time I saw The Grudge remake, it literally kept me up all night because I was so scared
(ok, admittedly I may or may not have been incredibly drunk and watching it alone AND living in an apartment all by myself - the first time I had ever lived alone)... I just watched it today and most of the scares just seem cheap to me (although the corporeal ghost that just won't quit is such a horrifying concept).
I wouldn't say that the movie is laughable... Actually I think it's quite successful at being scary... I just can't believe how much it scared me at the time...