Pretty good on a first viewing but it doesn't really hold up on rewatches.
I liked this one quite a lot when I saw it in the cinema, but having watched it a further two times at home the magic isn't there.
I think the hype and 'big screen experience' helped this movie and that it's flaws are very evident on rewatches. The freshness is gone.
It was Jamie Lee Curtis' return to the franchise for the first time in 20 years (Resurrection was basically a cameo appearance from her), John Carpenter produced a good revamped score, it was the first Halloween film in 9 years, it was 40 years since the original was released. The reviews were good, the box office was sensational.
It all aligned and it was a good experience but on rewatches the awful dialogue, hamfisted philosophical nonsense, Laurie 'Sarah Connor' Strode and the lack of scares/tension/atmosphere stand out as serious flaws.
The teens are quite stupid and cringe, more so than the ones in most of the original films.
All it really has going for it is a pretty good Michael Myers (mannerisms and costume) who gets plenty of screen time and kills, decent enough production values, one or two funny moments and a good OST.