The acting is amateurish, the special effects are sub-par, and the editing is inconsistent, but (surprisingly) the overall movie is actually watchable. This is one of the few Bookwalter movies that has a genuine story and plot. Plus, it has a couple plot twists that you don't see coming.
I'm not saying that you want to run out and rent this movie, but it is definitely superior to Galaxy of the Dinosaurs, The Dead Next Door, The Sandman, and Humanoids From Atlantis. In fact, if you feel somehow compelled to watch a Bookwalter film (for example, you lose a bar bet) then this is the one to watch.
And it's true...Ted does look like "a young Grandpa Munster with long black hair."
Two extra stars were awarded to this movie simply for having a semi-interesting plot.