I remember when i first watched Psycho on tv when i was about 12 - and it all seemed very tame compared with the horrors i was able to rent from the video shop - Evil dead type films, etc.
Then years later when i watched Psycho again as an adult, i was captivated by the story, and it scared the hell out of me.
So i think a lot of it is if you have the patience to get into the story. Older films had a lot of story - where as the modern films for the MTV generation are all about super fast pacing and flashing images and gore.
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