That's the direction I want to see the subgenre head as a whole. I think the part of found footage that's most worn out now is that it's "found." Here are the uncut tapes that were discovered next to the bodies of blah blah blah... that setup has lost its punch, and when the whole movie is rooted in that you run into the problems everyone has come to have with the format - why would they keep taping, bad story structure, etc. etc. But watching something where the basic conceit is that it's supposed to be real still has potency, especially in horror, but maybe untapped potential in other genres, because of what it does for the viewer's immersion and identification with what's happening. So I want to see more filmmakers take a faux-documentary approach where the conceit is footage that somebody has assembled from multiple sources in order to tell a story, or go for the aforementioned mixing. That diminishes or eliminates those issues you run into with the standard BLAIR WITCH/CLOVERFIELD approach.
The other silly/frustrating thing about THE RIVER not taking that hybrid approach is that aesthetically there's basically no difference between the "found" footage as presented and what it would look like if it was shot like a normal show. They wouldn't need to change the cinematography, lighting, camera quality, or anything like that. The only difference is the person filming it is a character on the show and other characters can address the camera directly. If it was shot more or less exactly how it is now but wasn't meant to be found footage nobody would bat an eye.
Edited by Dan Benenson - 2/9/12 at 9:57pm