An excellent and beautifully composed film... Until the last 15 minutes.

Rating: 7/10 (2 November 2014)

Please note that this review contains a LOT of spoilers. Do not read ahead if you have not yet seen the movie.
I just watched this film with some friends and have to say, I was really excited to see it. I'm not usually a huge horror film fan, but I work in the Film industry so can appreciate other elements of the flick. The composition and mood to "The Babadook" was incredible. The use of shadows and all the typical horror elements was flawless, the cinematography amazingly done.
However, with that in mind, I am only giving this movie a 7/10 for the sole reason that the ending was so much worse than it could have been. I didn't severely dislike the way it ended, but there was SO much potential for a much more interesting, still psychologically related ending. I wanted it to be deeper, more mind-twisting.
The near final scene where she brings the bowl into the basement is what killed it for me. They spent nearly the entire movie making this creature, this Babadook, into a psychological, almost split personality, not physical thing, and had the mother's character beautifully represent it when she loses it at the end... and then with that final bowl scene made it suddenly into a "thing that lives in the basement". I understand it can be perceived, and perhaps was intended to, that the Babadook is still a part of her, that you "Can't get rid of him"... but that scene made it seem something completely different than just another part of her. It made it seem like a physical monster, which was what this film was trying to avoid I think. I found it very cheesy.
Overall I enjoyed the film, but felt a little underwhelmed watching the last 10-15 minutes seeing that as the end.