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The Detailed Plot:

Army experimentation with transporter devices accidentally turns people into alligators.

Some of the ugliest floppy you know what est girls are nude in this movie.

Shots of government buildings are painted.

The special effects don't exist and nary an alligator shows up for two thirds of the movie.

Yes, it's as bad as all that.

Leatherface does a cameo to make some dough.

The acting is horrible and there really is no plot.