As one of the questioners said afterwards this brought back fond memories of my youth, reading about films for years before finally tracking down some 19th generation laserdisc dub from a sketchy bloke at a market ... great days
As for the film itself, the beginning was really dodgy... bit too cheesy and mainstream ... when they started to intercut the stripping and the sex scene ... I mean, come on. But once the hills really did start to run red thought it was a decent-ish slasher movie, am always up for a bit of teenagers-running-around-woods-getting-cut-up fun. The film angle didn't work that well, and most of the fun came from the deaths and over-the-top gore ... liked the hiding in the bucket of blood quite a bit. Overall i thought it was just about OK.