The film actually focuses on a group of people on a hillside who are watching the carnage in the town through Binoculars, with the main cop (The one who pointed out what their suspect looks like) being the only person in the town in on the ruse. It's kind of a weird meta-type story and it's at least worth a look. I wouldn't mind seeing it again.
“I have never listened to anyone who criticized my taste in space travel, sideshows or gorillas. When this occurs, I pack up my dinosaurs and leave the room.” - Ray Bradbury