Forget Lost Boys 2 and 3, this one is the very best. Very 80s in its themes, its narration and just about everything else, it nonetheless features a nice soundtrack, capable directing and great performances. This movie has just about everything one can wish from vampires (except they don't effing glow in the day).
As far as special features are concerned, all that was made for the 2-disc DVD was ported over (if memory serves at least), and so the many featurettes, interviews, commentary and everything else make for a very nice time, a very informative one at that.. for a time, Schumacher thought the (very) disappointing sequel would have been called Lost Girls... and if you ask me, it would have been that much better.
For now, this movie's, of course, the best in the series, so forget the other ones and concentrate on this little 80s classic instead.