Had heard about the remake, but WES CRAVEN??
Ye Gods...
Good comments by all before me...saw this when I was 11 and really creeped me out. Amazing what they could do with an ultra low budget.
Let a co-worker borrow this years ago...he had never heard of it and was heavy into vague films with dream sequences, real artsy-fartsy stuff and he loved it, saying it reminded him of a Ingmar Bergman film.