No, it's definitely a B-movie, but it has a few things going for it. First, it has decent production values and an acceptable look. This is not some film school project or extra-low budget screamer. Second, the plot, while rickety, is serviceable. Third, the acting (with the exception of two of the main characters) is really not bad. It's not great, but it's not the amateurish stuff that shows up in so many direct-to-video features nowadays. Fourth, the gore level (and nudity) is acceptably high.
The biggest problem with this film is a combination of the script and the direction. You just never feel like any of the characters could be real people. This is especially true of the college students. (As an aside, I might mention that I'm a cranky old guy who thinks that young whippersnappers have things too good and are being coddled to the point of absurdity. But it seems like whoever makes movies like this one thinks that all college students are complete and total sociopaths. In just about every movie I've seen recently that deals with college students, they are all just complete and total jerks. I'm beginning to feel sorry for them.) Anyway, it's hard to identify with the students/victims and that makes it difficult to get emotionally involved with their fear. Everybody in the film is just plastic.
Overall, though, watching this film is not a COMPLETELY terrible way to spend your time.
The biggest problem with this film is a combination of the script and the direction. You just never feel like any of the characters could be real people. This is especially true of the college students. (As an aside, I might mention that I'm a cranky old guy who thinks that young whippersnappers have things too good and are being coddled to the point of absurdity. But it seems like whoever makes movies like this one thinks that all college students are complete and total sociopaths. In just about every movie I've seen recently that deals with college students, they are all just complete and total jerks. I'm beginning to feel sorry for them.) Anyway, it's hard to identify with the students/victims and that makes it difficult to get emotionally involved with their fear. Everybody in the film is just plastic.
Overall, though, watching this film is not a COMPLETELY terrible way to spend your time.