I don't know why IMDb lists all the Ghoulies films as theatrical releases.. They were all straight to video films. Same with the Puppet Master series. Why hasn't anyone noticed this yet? Right, somehow you've stumbled across Ghoulies IV, probably raiding through an old abandoned video rental store from 1993. You looked in the discount section and found this...Look at the back and front covers. What do you expect, The Shawshank Redemption? There is no need to review this film so critically. It is the fourth GHOULIES film! I bought it on DVD for 6.50 because... it was 6.50.. I knew it wasn't Kubrick material. And I was right. An unremastered DVD with no extras, not even a trailer, boasts an uncared-for film.<br /><br />It actually contains the star of the first Ghoulies film, Peter Liapis... who really didn't get many 'big' roles apart from those two films. And I don't see why... He's not too bad an actor and is pretty fun. But I guess if you're gonna take a lead role in the Ghoulies films, Scorsese and Tarantino will lose interest. Also present is his idiot sidekick Bobby Di Cocco, who despite having a very small resemblance to Al Pacino (very small), retains none of his acting ability... A complete idiot who's just awkward to watch. Then there's Stacie Randall - obviously a porn star, I don't need to look that up. She does look quite sexy, though her costume, her character and everything she does drags down the films credibility, which is no easy task for such a film.<br /><br />Then there is the Ghoulies themselves! Who also manage to let us down. Ghoulies III made them start talking, mistake no. 1, but Ghoulies IV takes it a step further. Instead of being puppets, this time the Ghoulies are in fact KIDS in COSTUMES!!!! The filmmakers decided to run that extra mile to insult the films viewers. Also, there's only TWO of them, and they're not the main highlight of the film, as they don't appear in a lot of it. However, at times they are MILDLY amusing... And they're not evil this time either.<br /><br />This really is hilariously bad stuff, it's amazing that I was actually able to enjoy it. I dunno why... Some of the black humour is actually funny, though the script is mostly effortless. Imagine Satan's only threat to you being that he will "kill you, slowly...painfully...".<br /><br />But at least Full Moon had no involvement this time. Did they? Yeah, a very bad and cheaply made film with 0 production value, but not so bad as to be in the ranks of Puppet Master 1/2, Lawnmower Man 2, Surviving Christmas or even Ghoulies III.