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I think LONGLEGS gets a bit too literal in the third act (it makes explicit things that could have remained implied), but aside from that, it's pretty great.
Beautifully-moody cinematography, and a tone of immaculate dread. Cage really delivers, too, and he somehow finds a way of being both quite goofy and extremely unsettling.
I do, if you like found footage. I think they're consistently above-average found footage/mockumentary films. The HELL HOUSE LLC movies are my favorite current found footage series, but the HIGH DESERT movies are just below those.