With tongue wedged firmly in cheek, writer-director Drew Goddard lampoons hoary cliches and attempts to cunningly reinvigorate the horror genre with this slick tale of college kids in peril that is three parts bonkers to one part twisted genius.
Not since poor Drew Barrymore answered a crank call in Scream has a film exploited stereotypes with such lip-smacking glee, and subverted our expectations at every blood-spattered turn.
Joss Whedon, creator of the Buffy The Vampire Slayer television series, co-wrote the script and his droll humour percolates throughout, inviting us to become whooping, cheering voyeurs as characters meet a grisly demise.
For the opening five minutes, making sense of the madness in Goddard and Whedon's hare-brained method takes up most of our attention, which is no bad thing given how thinly characters are sketched.
Plot twists are the key selling point of The Cabin In The Woods and the big reveal in the closing minutes is a humdinger, including a cameo from a big name Hollywood star, who clearly relishes this five minutes in the spotlight.
Yet for all of its audacity and deliciously off-kilter humour, the various elements don't gel seamlessly, and once the writers' grand plan is laid out before us, we feel slightly underwhelmed.
Bookish college student Dana (Kristen Connolly) is looking forward to a jaunt into the great outdoors with blonde friend Jules, (Anna Hutchison) Jules' jock boyfriend Curt (Chris Hemsworth) and slacker Marty (Fran Kranz).
Curt invites along his shy and sensitive buddy Holden (Jesse Williams), principally as a date for Dana, and the five thrill-seekers head into the mountains to a remote log cabin.
Meanwhile, deep within an underground bunker, scientists Richard Sitterson (Richard Jenkins) and Steve Hadley (Bradley Whitford) stare at a bank of CCTV screens which seem to be following the progress of the students towards the cabin. They invite the rest of the team to bet on the quintet's chances of survival, but new guy Truman (Brian White) resists, asking: "How can you wager on this when you control the outcome?".
The Cabin In The Woods has some big laughs and lashings of gore. The young cast embrace their genre archetypes, screaming or disrobing on cue.
At certain points, Goddard probably gives us too much information - a throwaway shot of an eagle tracking the students' van along a winding road should have been cut to make one character's death more startling - but the crescendo certainly doesn't skimp on digital effects or gore.