Is it me or the OG is scarier in this scene? There's something with the film grain and low resolution that reminds me of an old VHS and this adds to the eeriness and unnatural atmosphere. I've never played the original, so it's not nostalgia speaking. As beautiful and atmospheric the new game is, there's a little something in the original that makes it a lot more frightening to me. I probably would shit my pants playing the PS2 version, but I would have no problem with the remake.
Edit: Watched the full video and Tom shares the same sentiment. The found footage VHS quality definitely takes the dread to a new level.