I recently reviewed this film, the title was "Did Michael Myers Kill Carpenter?", and the review was not very good. but, after watching it a second time, and thinking about it a bit, i realise i was quite wrong.
First, this is not the grandiose vampire action of, say, the Blade movies. this is a B-movie, a dry and dusty piece of low grade cinema that was made for watching at home. and no-one does low grade like John Carpenter.
Don't get me wrong, the acting is less than fantastic, and the inclusion of a Baldwin other than Alec is a dangerous percipice to walk along, but the inclusion of Lord of Straight-to-video Thomas Ian Griffith as the antithesis of James Woods's hero and Woods' super funny pairing with the priest guy whose name i can't remember do raise this out of the coffin and into the "Just above average virgins" area, if not quite the megastore it could have wallowed in.
The action is pretty good (the opening scene is fantastic)and the Mexican setting gives the chance for some nice (if admittedly orange) art direction. plus plenty of cursing from James Woods (i can't stress enough how important he is to the rating this movie is receiving) make it well worth watching.
In short, not the best vampire movie, not the best John Carpenter movie, but the best B-vampire-John-Carpenter-straight-to-video movie around.
PS check out the sequel if you liked this, or Jon Bon Jovi.