Gareth Edwards and his low-budget independent feature, Monsters, are beginning to turn heads in the film world. A second trailer has been released for the film and it expands upon the mysterious tale of rescue in a dangerous world of infection and aliens.

Magnolia Pictures will release the film – which is already earning early praise. If the success of District 9 and other films in this genre are any indication, Monsters should be a goldmine for the production company.

The comparisons to District 9 will be everywhere, but Monsters‘ $15,000 budget makes District 9 ($30 million) look like a studio tentpole. A more fitting comparison would be Paranormal Activity. Both were made on astonishingly low budgets and this looks like it could bring in healthy box office numbers with the right promotional campaign.

It’s an important step for the cinematic revolution. As studios lose their stranglehold over filmmaking, small-budget phenoms are making huge strides in the international market. With a rumored crew of only five and a cast of two, Gareth Edwards took to the streets of Central America and shot everything his inspired group could handle.

After the production, his crew worked diligently to create a frightful world inhabited by an alien race that has affected the Earth as we know it. A shot of two men on a carriage was enhanced by a simple digital effect – a USAF jet engine.

The trailer is a display of controlled mayhem and minimalist action. It seems sound design will be the film’s most important recipe for success. Check out the fantastic for Monsters over at Apple:

MONSTERS TRAILER

I really can’t get enough of it. The first trailer would have been enough to get me interested, but now I am completely mesmerized.

The style of the film appears to draw a lot from Cloverfield and other monster movies – the giant creature barely makes its way onscreen. It also felt reminiscent of The Mist. All of the comparisons Monsters has drawn are great, but don’t expect the final product to rely solely on that kind of buzz. It should stand firmly on its own two feet.

Our first true hint at the look of the monsters can be seen in the image below, released by Magnolia Pictures. It shows a wall mural with giant octopus towering over tanks. Based on the trailer’s mysterious beasts, this would seem the most probable look of the creatures.

The latest press release provides an in-depth look at the plot of Monsters:

“Six years ago NASA discovered the possibility of alien life within our solar system. A probe was launched to collect samples, but crashed upon re-entry over Central America. Soon after, new life forms began to appear and grow. In an effort to stem the destruction that resulted, half of Mexico was quarantined as an INFECTED ZONE. Today, the American and Mexican military still struggle to contain the massive creatures… Our story begins when a jaded US journalist (Scott McNairy, In Search Of A Midnight Kiss) begrudgingly agrees to find his boss’ daughter, a shaken American tourist (Whitney Able, All The Boys Love Mandy Lane) and escort her through the infected zone to the safety of the US border.”

Monsters seems like a true test of modern guerrilla filmmaking and its success or failure should not be considered by box office revenue, but by critical acclaim. It’s off to a good start, as the trailer suggests.

What do you think of the latest trailer? Is this a movie you’ll be checking out in theaters or will you wait it out?

Monsters hits On Demand, XBox Live, PlayStation Marketplace, Amazon and Vudu on September 24th. It unleashes on theaters October 29th, 2010.

Source: Apple Trailers