While I wouldn't call Komodo a classic by any means it is the most fun direct-to-video movie I've stumbled across in some time. The direction is pretty good, the acting is tight, and the lizards look great, especially when you take into account how low the budget was on this film. While the story is a bit lacking, it still comes across as reasonably entertaining. I recommend Komodo for a weekend rental. It won't change your life but its a fun way to spend an hour or so. You might also want to check out the DVD edition which has some neat features.
