It’s true that the film doesn’t exactly have what can be called traditional plot points, but the naturalism of the storytelling adds to the atmosphere and building tension, and it is emotionally gripping to watch the relationship between Heather, Mike and Josh deteriorate as the Blair Witch screws with their minds before killing them off.
Perhaps more importantly, The Blair Witch Project is also incredibly unnerving, and scary — even without the question of whether or not it’s real.
If you haven’t watched it recently, you should do yourself the favor before checking out the upcoming sequel (though you can definitely feel free to skip Book Of Shadows: Blair Witch 2).