Road House.

Can you say "throat rip"? (NSFW)

Also, haven't seen this movie but it has the worst fight scene of all time.

http://www.youtube.com/watch?v=uxkr4wS7XqY

Yeah... gonna have to disagree with you there.

LOL that was hilarious. I love the scream of triumph at the end.

And here's another great fight scene (not for the squeamish). It's from Riki-Oh: The Story of Ricky. The movie is ridiculously over the top with its gore. The English dubbing is laughably bad as expected.

http://www.youtube.com/watch?v=8vMKN1tYknE

Mortal Kombat: Annihilation.

A tie for me between Showdown in Little Tokyo & The Warriors, I can watch either one anytime.

Missing In Action, not a good movie but
because of this scene.
http://www.youtube.com/watch?v=-vZQpGcNWVI it is my favorite bad movie.


PS
I just found something funny on Youtube and I want to share.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=xECx-42Wlho

They Live

Even though I don't use cannabis myself (or any drugs, for that matter, with the exception of the occasional beer and some caffeine) I really like the movie Evil Bong. It is a truly terrible movie, but at the same time incredibly fun to watch. It's like a cross between a terrible 1980s cheap horror film and a Cheech and Chong movie. In fact, while Cheech is not in this movie, Chong actually does play a role. Somehow, despite the overall badness of the movie, you do find yourself actually caring about some of the characters even with the really bad acting that's going on. It's actually one of those movies you can watch over and over, especially for the unintended hilarity of it.

No-one seems to have mentioned it yet, so I'd like to suggest Kung Pow: Enter the Fist. Like many bad films it probably should be 30 mins shorter to compress all the funny stuff into something less tedious.

Among the truly bad, Deadly Prey (1987) is a gem.
It never ceases to make me laugh.

Yesterday I saw:

Megapython versus Gatoroid

WOW, this... movie... :D

Time to necro this.

Have any of you seen Sharknado?

I just saw trailer and it looks so much epic I can't even decribe it.

See for yourself.

I need to get this soon.

How about Black Dynamite?

Mean Guns. A crime syndicate throws a bunch of assassins, killers and thugs who have betrayed them together in a kill or be killed contest to see who will be the last three standing. To the winners go a 10 million dollar prize.

G.I. Joe: The Rise of Cobra

The movie is really bad, but when you watch it from the perspective of a RPG master you suddenly see your average Shadowrun group on a run.
I found myself thinking things like "Oh, and that's the rigger, alright. And that's the streetsamurai..."
And of course:
"Yep, my RPG group also has stupid ideas like that."
It was bad and it was wonderful. It reminded me of so many badly written runs and of so many crazy RPG nights.