Cronos is director Guillermo del Toro's first feature length film, and remembered fondly as a horror classic that's a bit rough around the edges, but still contains a lot of atmosphere, creepy imagery and del Toro's signature touches. Personally I've always liked del Toro's non-horror movies better, but I cannot deny that he has a unique flair for them.
Likewise here. We have disturbing fetish pictures about bugs, we have golden clockwork machines, we have a slow descent into madness, we have masterful use of dark and shadow to create a closed, claustrophobic atmosphere and we have that distinct Latin American lean.
So what's the story? An old antique dealer, Jesús Gris (Federico Luppi), has found an ancient alchemical device that promises to give life eternal to anyone that uses its power and provides the proper sacrifices. Unfortunately other parties are also looking for the device and thus Gris has to deal with the side effects of his newly found immortality as well as trying to keep himself and his relatives safe.
Classic imagery, but del Toro's take on these old myths and ideas is refreshing and done well. You can see that the limitations of the budget are keeping him from telling the story he wants to tell, but as a whole it's not a bad tale. The various actors are also talented and really help to sell the mood to you. Luppi and Ron Perlman are the two shining stars and they'd later on go to star in many other films directed by del Toro.
Cronos is not the best horror movie I've seen, but if you've liked del Toro's later movies, it can be a rewarding experience to check out the very first one.