This isn't really a sequel to the first "Leprechaun", it's more of a "Nightmare on Elm Street" wannabe, as the title character appears to possess magical powers that far exceed those he had in the original. It's a meaner and gorier film, but at the same time an even more boneheaded one; there are some insultingly stupid moments (particularly the two "red herrings", which may make you stop watching it right then and there). Overall, even bad-movie lovers may have some trouble with this one. (*1/2)