First, don't even think about it, in relation to the original.
Now with that said, it wasn't terrible. But where the film fails the most, is the score. It sounds like it was scored with a Casio keyboard. Just gosh darn awful, it brings down the entire film.
From what I've read, they didn't have the budget, to do a real score. Such a pity. The acting and story aren't half bad. (For a direct to video anyway.) It's a real shame. It truly had the potential to be something better.