Scream was the shot of adrenaline the horror genre needed back in the 90's after a plague of bad sequels and a general pushing away of all things horror. It helped revitalize the genre especially the slasher subgenre and gave way to the meta style comedy that we would see in coming years. Even after all the films we have seen in the 2000s, Scream takes the cake as a horror movie that knows how to balance multiple ingredients well.
Good: It has a lot going for it and yet it all works. It is a horror film, a comedy, a soap opera, a mystery, a meta deconstruction, and dare I say it even some action in there. It moves at a fast pace and it has plenty of energy flowing through it. The cast all around is great as they embrace their roles and play them with gusto. The stalking sequences are great and I still enjoy how everyone has a fighting chance with the killer lending to the unpredictable nature of it.
Bad: There are some cheesy sound effects throughout the movie that can be overbearing especially when someone is using a knife. Just a lot of SHING! SHING! SHING!
Overall, I still consider Scream a classic horror film because it was such a big influence on the genre and it is still a massively entertaining film today despite it not being scary.