It was good entertainment, as every NoES film is, but I just thought the plot was just bizarre even by NoES standards and the acting was actually some of the worst I've ever seen in a major horror franchise. And again, why would you cast Roseanne and her equally unpleasant ex-husband, whatever his name is? They're genuinely cringe-worthy.
But yeah, I sort of see what you're getting at, it definitely has some good points. Seeing pre-burn Freddy was quite interesting. They were planning to make a prequel about his mass murder for ages, but it never materialised and they ended up making that awful remake instead. Got to be 1, 3 and New Nightmare for me though. Really loved 3 when I was younger, thought it was the perfect mix of surrealism while still keeping an element of real horror. Strange how the three films I like most in the series are the only three Wes Craven worked on.
Speaking of horror films, re-watched Cannibal Holocaust last night. Funny film. ;)