Its pretty Good but come on... While I realize that it might simply be that I am an american with no knowledge of the japanese language beyond "Mushi, Mushi" and "Arigato" but I simply did not think this movie is as good as it is hyped up to be. In fact, (oh god save me) I enjoyed the American version of the movie more so than this one. Perhaps it was due to cultural differences that I simply couldn't 'get' this movie but I'm somehow don't think so.
"Ringu" simply did not draw me in and make me really believe in what the characters were doing. Like many Japanese movies, I simply could not accept that the character would really do what they were doing; it just didn't make sense to me that these people would go running around Japan trying to discover the mystery of the 'video' based on some people dying. The american version seemed to give characters some extra motivation to go in search of the truth, with unexplained supernatural events, scary dreams, etc. Perhaps its a testament to Japanese work ethic or American laziness but I just thought there wasn't enough to back up the characters actions.
I realize it might somehow be hip to say that you enjoy foreign films more than their domestic counterparts and insult the Hollywood 'money machine' and decry the end of american cinema but I simply can't do it with this movie. The ultimate and final test to determine whether a horror movie is good is of course whether or not you are scared. And I can say that the american version of "The Ring" made me ruin a perfectly good pair of underpants whereas the Japanese version made me jump maybe twice and laugh once.
The main problem this poses is which movie do you see first because seeing either film will ruin the ending of the other. And so not to take anything away from "Ringu" (which is, in and of itself a great movie), I can honestly tell you that you should see the American version first... and bring an extra pair of underpants.