Was handheld camera necessary ?

IMO, this was an above average movie... but let down by the handheld camera - which is supposed to make it scary!

1) Who wants to make a realistic, intelligent drama even more realistic, to the point of overdoing it ?
2) And who thinks hand held camera still adds realism ? Yes, in 1994, it was different. But now ?
3) We don't look at the world thru a hand held camera. Yes, our head is not perfectly stationary.. but its not like our head is tied to the chair while watching cinema - its still moving. Our eyes gives us a pretty neat view of the world... which a hand held doesn't.
4) After 2 hours my eyes get tired and it doesn't make for a pleasant viewing.

My vote: Hand held camera has served its purpose in cinematic history.. it reminded us realism is good. But on the net, now it reduces the end user experience. And it no longer adds the realism its supposed to.

What do you think ?