Oh, I enjoyed it. It was more than just gore -- there was a lot of suspense, and it was well-handled. But the styles of the individual deaths... well, anyone familiar with both FD and HTF should see it immediately. Much more so than the first movie.
And now, I keep seeing the death scenes from FD2 with those little touches of cartoon oog from the Happy Tree Friends shorts. Oozing eyeballs, that sort of thing. Hee.
Now that I've made the connnection, I don't think I'll ever watch a horror movie with over-the-top gore deaths without giggling and humming the Happy Tree Friends theme song.