I have a weakness towards them. They make me feel like I'm a part of the action. Even the bad found footage films get my attention.
@WolfOD64 Alien? I mean those films that are shot entirely through the character's eyes, like a first person videogame.
That's the only "found footage" movies I have familiarity with. We have live feeds of what the characters are seeing, both in that movie and Aliens.