Top Ten Most Overrated Horror Movies

No no noo...The first Saw was / is slick, clever and imaginative. I would say that the sequels are overrated. They tried to use the shock tactics that were used in the first. I can't speak for others but for me personally, when I watched them, I was a little underwhelmed and maybe a tiny bit bored. But to say Saw is "overrated" is unfair (in my own opinion).
I do agree with you on Paranormal Activity, though.

I read this as Freddy vs. Japan