Well bunny, if you're thinking of
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I could well agree

And if we
reeeaaalllllly wanted to get bogged down in everyone's favourite wanky Film Theory pastime, I'm sure we could whip up a storm comparing the folkloric/tragic-poetic subtexts that bubble under perhaps every horror picture of ther last 50 years. Certainly the same storytelling ideals that Shakespeare explored in his (for his day) pulp plays.
I agree with your sentiments Caustic and to a certain extent you're absolutely right. But the "taking it seriously" part is where you need to take it a step further, I would argue.
On a base, impactful level, some of these films, based solely on their staggering reputations-preceeding-them could well be seen as underwhlming to the average neophyte genre fan.
But to take it that little bit further and see where the indignation exhibited by the lovers of these pictures stems from is to entirely "take it seriously" and look at what lies beneath.
Context is all, even when "all" that appears to be there is schlocky grue and the odd dirty pillow.
If we profess to be more than just MTV Movie News kids here, then we must be prepared to delve that little bit further and have opinions challenged. Just like with Shakespeare, classics are classics for a reason. Their reputation is based on palpable evidence of merit. If subjectively, a picture still doesn't float your boat even when you've found out the directors wank fantasy the day that he shot the coolest shot in the picture and you've meditated on its impact on the drama and it still blows goats, fair play. But to say you can without question declare something is overated end of story with qualifying either way is not why we're here. That doesn't make you a fan, it makes you a faceless, box ticking consumer. Which we're all above here, I hope.