Leprechaun in the Hood.  Just the name alone makes you want to see what it is all about.  Admit it, you are curious what the hell a leprechaun is doing in the hood.  It is rather amazing that a movie that wasn't even that good to begin with can end up with five sequels.  But it happened with the leprechaun.

 

The movie itself isn't as bad as it sounds.  It is actually quite entertaining.  Although you do have to put up with the leprechaun talking like a Dr. Suesse book.  What is even funnier is that they got Ice - T to appear in this fill, and I have to give him credit for being a pretty good actor.
So I would recommend this movie just as a time killer or a party flick.  I mean the leprechaun raps at the end, and just seeing that is worth the price of a rental in my book