Well, the NIGHTMARE series is better than the HALLOWEEN series and way better than the FRIDAY THE 13TH series.  So that's good, huh? 

The first NIGHTMARE was fairly good, but the idea -- a pretty good one -- could easily have become a much better movie.

The third one is also fairly good.  At least it's not stupid. 

WES CRAVEN'S NEW NIGHTMARE was, to me, easily the best of breed.  Matter of fact, since it couldn't really have existed without the previous entries, it almost justifies the existence of the first five.  I think this one is really, really smart and comes pretty close to being truly great.