It's pretty good imo, the "first-person-view" of sorts is really interesting, though I agree that the running parts got my eyes all squinting or something that made it all confuzzled. x.x
But the reptile monster thing looked pretty pathetic imo, it looked like some giant deformed retarded chicken-spider hybrid reject, lol. X.x The creatures that it spawned off of it made the movie a little less interesting in a way, as I think they showed that off a little too early to make it look good tbqh.
I heard that Cloverfield 2 was gonna be through the eyes of another guy that was filming on Brooklyn Bridge, supposedly there was a moment during the bridge scene where there was another guy that was filming Hud, and vice-versa, but I dunno if it was true.