If you let yourself just go along for the ride, then I'd say yes. Have I seen movies that I've thought were scarier? Of course. Do I still appreciate everything "Halloween" has done for the horror genre? You bet your ass!
I can see how modern audiences might not think it scary (what sick shit hasn't been done or portrayed on screen by 2013?), but it's a story driven horror movie (told from the perspective of Dr. Loomis) more than a splatter-fest like the movies it would later inspire .
It's also got a lot of black humor going on to add to the fun Halloween atmosphere of the movie. Once it comes down the home stretch however, it's quite gripping. The ending is superb (and IMO the 'scariest' part of the whole thing) and leaves it all up to the viewer to decide for themselves what they've just witnessed.
Happy Halloween, everybody!
You never know...
Michael Myers just might appear at your door tonight.
"The spirit of Ultimate Warrior will run forever!"
I always found Michael Myers scary as fuck. He came from a well to do family, it wasn't white trash/broken homes/rednecks/hillbillies like Rob Zombie would have you believe. It was more that he came from anywhere-vile America. There's nothing in his background that could make you pity him like say, Leatherface or Jason. He murdered his sister and desired recreating it time and time again. That's why the plot twist in Halloween II is a bummer in my opinion. Its not about wiping out his family, its his fixation on his sister. The logical conclusion was always him murdering Laurie and moving on to someone else to hunt.