Yeah slendy just strides right the kupo in there, you can see it pretty well hereEverybody on the Something Awful forums says Slendy appears at the end right before the tape ends, but all I see is a shadow moving about. I love how Tim and Alex and Brian act so natural, obviously very early in the chronology of the series. Haha "Guess what's battery powered!" *bobs head up and down*
the flashlight suddenly shifts off of alex onto the doorway, so Brian had to have seen him coming from his viewpoint against the wall. And why didn't Tim see/acknowledge slendy when the lights came back on? Brian can see him so he isn't invisible/unable to be seen like he seemingly is in some entries. Tim is either ignoring him for whatever reason, or he's only visible to Brian (and maybe Alex, we don't get a reaction from him) here :/
And Alex gets really gloomy a couple seconds before hand, like a dark cloud comes over him. Tim even says "don't look so dramatic." Suspicious? Major Entry 46 vibes.