I would add that The Village was quite well directed, as were parts of Lady in the Water.He made two great films (The Sixth Sense and Unbreakable) and one good, albeit flawed film (Signs).
I think his biggest problem thus far has been the fact that he is an incompetent writer. His direction for the most part seems fine (although he does seem to have a knack for squeezing out the shittiest of performances from otherwise good actors), so I'm interested in seeing what he can do if the pencil is ripped from his paws and he's forced behind the camera.
The Happening however, that's where even his directing talents seemed to completely disappear. I don't know what the hell has happened to him now, or what to expect from him going forward. (I have not seen The Last Airbender)
Pairing the trailer with Jack Reacher seems like an odd choice.