SUPER 8 was intended as an "homage" to Spielberg, particularly E.T: THE EXTRA-TERRESTRIAL. But the reason why it came off as such cheap imitation is because, moreso than any of his other films, E.T. showed Spielberg's brilliance. He made the decision to shoot the entire film with the cameras positioned at hip-level rather than at eye-level, and the reason why he did that is because hip-level on an adult is the eye-level of a child. The net effect is that the entire film is shot from the perspective of a child, and that is what makes it such a brilliant piece of cinema. How could anything Abrams do compare to that?