The first 2 ninjas are cheesey fun, 3 and 4 are bad, not even Steve James can save part 3, although they're all 5 star flicks compared to the fifth one!
I don't think you have to worry about lack of horror coming from 88 should American Ninja do well. I think they're just expanding and let's face it, Arnie flicks aside, the action genre hasn't had the special edition treatment it deserves.
I know all his best work is with Warner Bros but I would love one of Steven Seagal's films to get a decent re release, just so that I can hear everyone bitch about what an asshole the guy is
Glad Trancers 2 is coming. It's my favourite of the sequels, I know I'm the minority but I thought part 3 is the weakest. Just hated the direction it took Jack's and errr.....Helen's relationship.