What a great film! OK, so there are problems - the audio track isn't great, the acting is wooden in places, the stunts aren't that impressive, and the continuity and camera work lacks the polish of a big-budget Hollywood film.
Nevertheless - a great film! This film has a good pace, it updates the vampire legend and addresses the question of what does an immortal vampire do when he's not biting necks? Tim Cobb is a well-to-do vampire, who comes to a small town from "The Big City". Lisa Watts is the small town girl feeling disregarded by her current love interest, and who is won over by Cobb's sophistication.
Depending on your point of view the final twist in the tale is either entirely unexpected, or entirely predictable - make your own judgement.
This film is excellent source material for vampire students, although it's unlikely to go down in history as a classic.