I don't know why I read someone saying this movie was worst than the first two in the series... those movies were pretty damn borring and stale, and not serios enough to be scarey, funny, or watchable. This movie is much better, combining the sort of rip-off silly hijinx of Gremlins that Ghoulies truly is with some of the better rip-off silly hijinx of Animal House. It's the best in the series, bar none, and pretty damn fun to watch.