I confess, I rented this movie by accident. I thought it was the original Lost Boys when I scooped it up with a collection of other older movies.
When I realized it was not the original, I had hopes for something similar to the original (in quality) but I was disappointed.
The quality of the story line waxes and wanes. I totally get the parallel to the original movie, but the weak fight scenes and effortless slaying of the vampires left me thinking it would not have been difficult to do a better job of those scenes, had someone actually WANTED to present something better than what was shown.
One moment the vampires are demonstrating incredible speed and strength, then they are killed with very little effort. A group of vampires who "are capable of knowing what you are thinking before you do" are surprised and killed because they didn't see what was coming next in the mind of their slayer.
Yes, there were a few very attractive young women with very little clothing, and while that might carry a film to a certain degree, it wasn't quite enough to save this movie.
If I had to guess, they blew the budget on the initiation scene and had nothing left to fund a solid set of fight scenes.
Corey Feldman's performance may have been the highlight of the movie.