Puggo - Jar Jar's Yoda said:

It is one thing to enjoy a movie, and another thing to declare it to be a "good" or "great" movie. I enjoy quite a number of movies that I also admit aren't good movies. For instance, I enjoy "Rookie of the Year" quite a lot. It just makes me laugh. But frankly, it isn't a very good movie. It just happens to tickle my funny bone. Rocky IV is a guilty pleasure, but objectively, it's really terrible.

Metalstorm: The Destruction of Jared-Syn is my personal favourite bad movie. The painfully awful effects, dialogue, choreography, costumes, etc. never, ever fail to entertain me =D