Felt a little too much like one of those Twilight Zone episodes about a mysteriously revealing object, while trying to be preachy on some theme, but unlike most TZ episodes, being less certain about what it wants to say... That even cute girls get old eventually? That there is sin in the world? Whoop dee doo, was all the reaction I felt, to be honest. As Unblinking noted, it didn't feel very original.
That said, I actually kind of liked the mystery surrounding the relationship between the photographer and his former apprentice, and the fate of that apprentice. Was the camera gift a final goodbye from a doomed soul, or just a curse wished on a former master as a parting shot? We will never know.