The It trailer has clawed its way into existence after years in the dank hot sewers of development hell. The first theatrical film of Stephen King's 1,138-page novel from 1986 follows the 1990 ABC miniseries that starred Tim Curry. (Once you've seen the trailer, we've also got a massive Complete Guide to It for you.)

In the 2017 remake it's 26-year-old Swede Bill Skarsgård (Hemlock Grove, The Divergent Series: Allegiant) playing the shapeshifting, child-eating monster often embodied as Pennywise the Dancing Clown. Early photos of the new look stirred up all sorts of polarizing emotions; in motion here—even without any spoken words—he's definitively disturbing, even so briefly glimpsed. That closing sequence guarantees nightmares tonight or your money back.

Skarsgård previously called It "such an extreme character," one who's "beyond even a sociopath." He also notes that "Tim Curry’s performance was truly great, but it’s important for me to do something different because of that." Argentine director Andrés Muschietti (Mamasaid the new Pennywise will make audiences "shit a brick."

As you watch solo on your screen, rest assured knowing that a SXSW screening of the trailer "had the entire audience screaming" at that final shot. If you're terrified and thrilled, you're not alone.

The Losers' Club—the seven-strong gang of Derry children who make an ultimate stand against the ancient evil that returns roughly every 27 years—is suitably '80s-tastic, as is their use of a carousel slide projector. (The setting has been moved forward; the novel earlier section takes place in the late '50s.) "Derry's not like any town I've ever been in before," one of the kids says, introducing the cursed Maine town. "People die or disappear at six times the national average. And that's just grown-ups—kids are worse. Way, way worse."

The kids are played by Stranger Things' Finn Wolfhard, Jaeden Liberher, Sophia Lillis, Wyatt Oleff, Jeremy Ray Taylor, Chosen Jacobs and Jack Dylan Grazer. It will be released on Sept. 8 with a gory R rating. The story is designed as a two-part tale, with the conclusion featuring the Losers' Club's adult return to Derry and their second faceoff with It. That movie has not been officially green-lit.

Keep it creepy with actor/filmmaker Rider Strong (Cabin Fever, Girl and Boy Meets World) breaking down his five favorite horror movies for Fuse: