Oh, that's right, he directed Family Reunion, too. Forgot about that one. And I agree, I think he's a very good director. Personally I still prefer the original NOTLD but chances are if he'd been left alone to direct the sequel and hadn't had his toes stepped on by the money men at every turn, we might well have another modern classic to celebrate. In his book Grand Illusions 2 he goes into detail discussing how he originally envisioned the flick, even going so far as to include some of his original storyboards. But the majority of the stuff he had planned was ixnayed. And it wasn't money stuff, things which would have inflated the budget; it was all stylistic stuff, story elements...they even restricted how much blood he was allowed to show during bullet hits (which is why so many of them are bone-dry).
Anyway, I'd love to see what Savini could pull off as a director if given the creative freedom and a real budget to work with. Honestly, if given the chance, I think the guy has it in him to be a director on the level of Carpenter or Argento.