It does look Cloverfield-esque, but it more resembles the original concept art for the monster than the monster itself.
The concept art was way cooler, and I think yours is still cooler. Way to go, let's see it fully rendered.
Only crit I can think of is that the face/head structure is... confusing. I can't tell where it's eyes or mouth is, or if it even has those.
The pen is mightier than the sword, but the minigun does more damage.
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