Just a personal opinion...
This movie was really annoying, it made little sense (at least to me) and all those editing crap made it almost unwatchable. Maybe it would be better to see it on DVD...
The worst is, it is described as a horror and was shown at Horror Festival, here in Poland, although it's definitely not a horror movie. It's a movie that wants to be Requiem for a Dream, but never gets even close to the masterpiece.
There are, however, some good aspects:
1. Cinematography was excellent (considering the budget) and Adam Wingard really made us forget that it wasn't professional. He should stop directing / writing and focus on his great camerawork.
2. Soundtrack was even better. Justin Leigh delivered here more than anyone would expect from someone being credited three times on imdb.
Taking this all into consideration I give it a 3.
That was just my personal opinion.