The problem with Snatches is that it lets a good idea get in the way of a good game.
The original approach intrigues, and then frustrates, and then you realize that you're along for the ride. There's no way out, no way off the rails, and the game consists of walking straight into the creature's clutches again and again. I can't say that's terribly satisfying from a playability perspective; the fact that the technique gets tired about the seventh time that you've experienced it doesn't help. (Spoiler - click to show)Really, did I have to be the dog? Talk about overusing a technique!
Anyway, Snatches gets props for being a horror game and not a Lovecraftian horror game. Its theme and tone remind me of the X-Files. The different characters perceive the world in vastly different ways according to their experiences and physical characteristics, and that's tough to pull off.