To be honest, worse since things like Final Destination became a franchise and Saw came along...but lately I've been noting a spring back of genuinely scary and/or creepy Horror works. On the games side, go play Amnesia:The Dark Descent. Since we're talking about Movies however, I'd pick out Apollo 18 (which is a different form of scary - it tries to be more claustrophobic and tense than outright scary) and the remake of Don't be Afraid of the Dark (This is what happens when Del Toro can't adapt Mountains of Madness for the big screen!).
If Horror produces more films like the above two (and move away from Torture Porn and rehashing the same idea over and over (looking at you, Paranormal Activity)), I may have to reconsider Horror getting some credibility back.
If Horror produces more films like the above two (and move away from Torture Porn and rehashing the same idea over and over (looking at you, Paranormal Activity)), I may have to reconsider Horror getting some credibility back.