First of all, I wonder how this movie ended up released on DVD under the title "Dino Wolf", as the movie had absolutely nothing to do with dinosaurs in any way.
The storyline in "Dire Wolf" is a very straight forward one, albeit very generic and stereotypical for the horror genre. A mutant creature birthed in a laboratory at human hands escapes captivity and unleash a brutal murderous rampage. And it is up to a small group of people to stop the marauding beast.
The creature was just unfathomably lame. It was so obviously-in-your-face just a guy in a bodysuit, and a bad bodysuit at that. The face of the creature was almost unmovable and was just stuck in a perpetual snarl. This was just too fake, and would be something you would expect from a 1980's horror movie.
It should be said that "Dire Wolf" has a surprisingly amount of blood and gore, which ultimately lifts the movie up from being rubbish to a below average level.
As for the acting, well, it was adequate, and people were doing well enough jobs with their roles and characters, given the restrictions of the storyline.
"Dire Wolf" offers absolutely nothing new to the horror genre or creature features for that matter, and there are far better movies in this genre out there.