To my pleasure, the second installment of the anthology is an improvement!

The wrap-around story still goes on about the right order to watch the tapes but is again rather weak (and the silliest in the logic and acting departement). I certainly wouldn't mind getting to see a couple more tapes until this one is resolved. Adam Wingard does a modern ghost story which has it moments but is a bit predictable, the Blair Witch guys give zombies a heart, Jason Eisener does a tad too weird "Slumber Party" (poor doggie) and well: Gareth Evans (The Raid) and Timo Tjahjanto (Macabre) steal the show. The way the shit blows up is similar to the haunted house story in the first one - just a lot more evil (I can forgive some convinient POV shots and the black-eye stuff). It's also the goriest which is certainly Timo's bidding.
Mind you, this is an assault of modern horror stories and less of a thoughtful experience. It's very much a playground for found footage horror.