I watched it on Wednesday. Definately not as scary as the first one. The only bit which gave me the creeps was the way Samara was climbing up the well at the end.
I liked both the Japanese ones - the girl was much scarier!
I really enjoyed the remake of Ring 1, but we watched Ring Two the other night and I thought it was pretty crap. I was so disappointed as I love horror and had been looking forward to this for a while.
I found it really slow and boring.