Not as bad as everyone says. The movie does have some high points (solid actors, good female characters and good dialogue) but it doesn't improve the original idea in any way, so we're left with a repetition of scenes and a very bad ending choice. I say stick with the original and only watch this one out of curiosity.
I gave this version a few stars because it introduced me to the incomparable, impossibly beautiful Isabelle Adjani. I don't know why great movies can't be left alone. With very few exceptions, remakes and sequels are terrible. Still, this wasn't awful, by Hollywood standards at least.