Not even Close I'm writing this with assistance of a hard-core 10 year old die hard fan.
I'm not a huge Five Nights at Freddy's fan but I am by proxy. My other kids have grown up with it. They have always loved all things scary. So to say they were let down was an understatement. They actually called it "horrible". As an adult I tried to explain to them they had to make a movie that was watchable for everyone and not just the fans of the video games. That being said they were right. There is a scene in the middle of the movie, no spoilers, but it was just bad. Bad in every aspect. Another thing is, it was VERY rushed. They tried to get more story in than needed in their alloted amount of time. I'd give it a 5 for average. And like most other movie's there was so much that could have been improved.
It is what it is. Another rushed Hollywood project cash in. I'm sure Scott is just happy to have it finally made but at the cost of true fans. My son was more excited by a certain cameo and close out song. There was no sexual content for the record. The movie is not scary. Some gore. Lots of cheesy bad. Since it was profitable before it was even released, which should tell you something about the rush job on low budget, there will certainly be another for them to cash in on.