Finally.

Rating: 9/10 (17 April 2015)

I've gotten away from writing reviews for quite some time, but felt obligated after seeing a respectable, yet still slighted rating of 6.9 for this brilliant piece of cinema. First of all, lets get the SMALL spoilers out of the way, because they are a GREAT example of why this movie is so great. If I remember correctly (I watched this 6 months ago, and I'm currently watching it and only halfway through) no one dies and there is very little to no gore. This film concentrates on genuine, psychological scares. I also haven't looked at the budget of this film, but my guess would be that there was a small budget used, yet this film has phenomenal, practical effects. The combination of the wardrobe/costumes and the lighting/camera work is nothing short of spectacular. Had I watched this movie as a child, I can only imagine, considering I used to be terrified of movies like Childs Play, It, and the Puppet Masters. There's a few scenes in this one where the costume, camera work, and lighting effects create truly disturbing scenes.
Although 6.9 is very respectable for a horror film, I just can't believe there are thousands rating this below a 7. I would be intrigued to hear those peoples favorite horror movies and their ratings for them. This movie for me is in the stratosphere of horror movies, such as The Exorcist, The Conjuring, The Thing, and Sinister. If the final scene in the bedroom had been a little more frightening I would have been tempted to rate this a 10, and out of the thousands of movies I've watched I've only given out 5-10 10/10 scores.
I recommend this movie to anyone, and if you're a horror fan and on the fence, please do yourself a favor and watch The Babadook. In a genre that is highly saturated with pure garbage, from reliance on horrible CGI, to atrocious acting, to cheap jump scares or gore, the minds behind this movie simply understand how to effectively make a horror film. We get maybe 1 or 2 decent horror films a year, and probably 1-2 GREAT horror films every 3-5 years...this is one of the great ones.