I have heard a number of different views on Cherry Falls.  Therefore, I was not sure what to think going into the movie.  I did notice early into the film that I liked the direction and mood of the film.
Sort of a novel twist on an old horror formula, this is all about a slasher that is knocking off high school kids.  Not your ordinary, average high school kids either.  This slasher is taking out the virgins in the school.  Again, sort of a typical slasher in many ways, but the only one that I have seen that targets virgins.  How the slasher knows the sexual experience of the kids is beyond me.
So, what do you do if you are a virgin at the school?  You arrange a big old orgy somewhere to take the target off of everyone's back.  The movie follows a girl whose father happens to be the police chief in town.  It is evident pretty early that the daughter will at some point be a target of the killer.  We then find out that maybe the police chief was an ass when he was younger.  Could he be involved in the incident long ago that trigerred the killings?
I must admit that I have always been a fan of the cheesy "serial killer ruins the high school" type of movies.  And this one is no exception.  I thought that the movie was entertaining from start to finish.
One strange note:  Was I the only one bothered by the self defense scene?  The police chief is practicing self defense with his daughter.  She falls and he lands on top of her.  For a solid five sconds or so, they appear very comfortable with him on top gazing into each other's eyes.  Seems to me that this would have been more appropriate had he landed on a non-relative.  Oh well, it is a small town so I am sure that it won't take long to notify everyone that the chief likes kids.  His own kid none the less.
I highly recommend this film to anyone that likes slasher films.  There is some gore, but it is not excessive.  The "body finds" are clever and well done.  There is also some witty dialogue and you can actually grow to like the characters.  This one is a definite keeper.