I don't think it's a cult thing though, since it's pretty well known and EVERYBODY'S seen it.
The Matrix sort of has the same effect; except it's contirbution was more literal. (I think there's a law now that every action movie that comes out HAS to do the pause and pan thing....) I don't think it's a cult thing though, since it's pretty well known and EVERYBODY'S seen it. It's more of a fad I guess. Especially since it's lasting contribution was pretty superficial.