I bought this one as part of a back to back Dr. Phibes Midnight Feature DVD. I didn't like it quite as much as the original, but it was not completely without its charm. Vincent Price's performance was good (as per usual) and Robert Quarry did well as Biderbeck (Dr. Phibes' foe in this film). As anyone who has seen the original can guess, there's a lot of really elaborate deaths and more of Vincent Price talking through a machine plugged into his neck.
The film picks up with a brief recap of the original (Phibes out to kill the doctors who where operating on his wife when she died). Phibes then arises from the tomb in his basement where he and his wife's corpse were resting for about three years. Phibes has a plan this time to find a secret river of life in Egypt that comes to a pharaoh's tomb once every 2000 years so he can bring his wife back to life and have eternal life. However, Phibes' house has been demolished and a priceless scroll that had the secret of the tomb has been taken. Biderbeck (Quarry) somehow acquired the scroll and intends to find the river for himself and his girlfriend. Both travel to Egypt to find the river of life, and Phibes kills Biderbeck's lackeys along the way in his usual methods.
It's not that bad. It didn't live up to the original, but it still delivered big on the theme deaths. The deaths aren't quite as structured as in the last Phibes film, but they're still pretty fun.