This is like a Twilight Zone ep through a child's eye. The title is a bit misleading as this is a much different type of story than the original Cat People. Wouldn't really classify this as horror, more like stepping back in time and embracing the wonder and dreamlike quality of childhood, which unfortunately fades all too quickly
The RKO people were a bunch of money hungry idiots for wanting the title to tie-in with Cat People. If you know beforehand that this is not a direct sequel per se, there's a better chance to understand the film. Despite the marketing, this isn't horror, but more like a hazy and gentle story about a sensitive child and her imagination. Carter is an absolute darling and very convincing.
A ghost story or a psychological look on the power of a child' imagination and loneliness? This "sequel" to the tension-filled Cat People isn't a horror film, but rather a fantasy of a child and a neighbor who both need love and understanding from their parents, but only one of them will saved.
The interpretation offered by Amlethus a few posts below is spot on. When viewed in this light, the film is one heck of an accomplishment. This is not a horror film in the same respect as the first, or even the rest of Lewton's filmography. It's an examination of childhood fantasy and the response from a father who went thru the events of the original Cat People.
There are a lot of people who don't like this film. I think it's done something amazing. It took the lead male from the first film & showed his psychological response to how he interpreted the mystic that is in the first film. We see this in how he reacts to his 8 year old daughter’s youthful imagination. He suffocates her. There are NO CAT PEOPLE. And this film can stand alone. Amazing, better than Cat People.