Sure, giant monster movies aren't original any more, but at the same token, all giant monster movie (sans Jackson's king kong) have been more cheesy and poorly made than string cheese itself.
If this movie only uses a small digital camcorder for the whole filming process, then all large creature shots are probably out of the question. Which does add a certain level of interest, a traditional giant monster film with none of the traditional shots.

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meh... Whatever
Commit fellatio speedy quadraped!
Zelda I love you so much, don't deny me loving you or else I'll give you ADD and out of wed-lock pregnancy
98% of the teen population is cool, 2% aren't