A Nightmare on Elm Street (18)

Is there any good reason to remake the 1984 slasher movie that launched Freddy Krueger's pizza-faced psychopath on an unsuspecting world?

What was scary back then looks somewhat parodic now, and certain details strike an odd note. What's with Freddy's fedora, for instance, and why that red-and-black hooped Dennis the Menace jumper?