1. The document compares elements of classic and modern horror films, including storytelling, characters, dialogue, music, and cinematography. It argues that classic films had stronger characters and cinematography while modern films have better dialogue and use of music.
2. The document highlights James Wan as an exemplary modern director who subverts expectations through films like "Insidious." Other notable directors mentioned are Rob Zombie and John Carpenter.
3. In conclusion, the document gives more points to classic horror overall, arguing they have a memorable charm, but acknowledges both eras have strengths in different elements of filmmaking.