Spoiler: Anyone notice the similarities between this and the Blair Witch Project?
They were both student films which unexpectedly made it big.
They are both shot on poor quality black and white film (some of Blair Witch is also shot on cheap video)
Both are "fake documentaries".
Both play up the poor framing, the shakey camera movements and the poor quality sound in order to add to the illusion that you are watching genuine footage.
Both films end with the film crew presumably dead and with the camera still rolling lying on the floor.
For the record:
Blair Witch SUCKED
Man Bites Dog, Ruled.
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