I was so confused by the overarching “plot” of V/H/S that I watched the sequel before writing this review, in the hope that it would clear things up for me. Answer: maybe it did? But since I’m going to end up writing two reviews anyway, I may as well wait ’til then.
Anyway, there’s this group of punks with a camcorder documenting their asshole exploits and re-editing them together in exactly the sort of way that someone with a VHS camcorder would never, ever do. Then, later, they break into an old abandoned house. The IMDB summary says they were being paid to find something, but if that was actually communicated in the movie, I sure missed it. What they do find is a dead guy who was watching about 15 TV screens all hooked up to VCRs, and surrounded by piles of VHS tapes. Then, while all the other punks search the house for whatever it was they were looking for, one of them sits down to watch some of the tapes, which is the actual point of the movie, because they portray various horror short story events that are clearly set in a future beyond when anyone would be filming their exploits on a VHS camcorder. (Plausibly, I am thinking about this too much.)
The important part, though, is that the short story segments were really well done, scary, suspenseful, and affecting in the way that I always want my horror to be and it so very rarely is. So, if you wanna watch something modern and reasonably frightening (and with an adequate amount of breasts, which like being scary have also abandoned the horror scene of late), this is your movie. Just don’t try to understand anything that’s going on outside of the short stories.