I love found footage films but lately I've seen a bunch that were almost unwatchable. Water Horse was not only watchable, it was fast paced and had a plot. It felt like an older film but I can't pinpoint why. The acting for the most part is good. The leads are very convincing as their characters but a few of the side actors weren't as believable. It's sold as a documentary and begins very much like a Netflix doco, then it dives more into the found footage style without talking heads but comes back to that to bookend it later. The filmmakers clearly watch found footage films and it shows. Overall my biggest complaint was maybe it was too fast paced. I was trying to let the last scene sink in but we were already on to the next bizarre experience. It probably needs to be watched a few times for that reason and not everyone has time for that. I had to look her up but Lauren Grimson is amazing. I will have to watch the other films she is in, her portrayal of the lead was memorable to say the least. Giving this seven stars because it's definitely above many similar films but not quite at the top.