Some consider this a "Bush bashing" film because of the "twist" (I will post the twist in the next post in case you don't want the film ruined)
The "Village" is actually a modern day commune started by a group of people disaffected with modern society.
In order to keep their children from leaving the commune, and hold onto their power, the Village leaders manufactured "monsters" in the woods. Some have speculated that this is a metaphor for Bush and the war on terror.
I have seen the movie and will see it again. I don't know how anyone could find a twist to it. It was obvious from the beginning what the secret was. However, it was enjoyable, no profanity or sex involved, just a tight, well written and acted bit of entertainment.