The Film: The Pit
The Director: Lew Lehman
The Cast: Sammy Snyders, Jeannie Elias, Sonja Smits
Release Date: October 23, 1981
This has to be the most fun '80s horror film I've found in a long time. One look at that poster should sum up everything that's awesome about it but, in case you can't tell (or in case you're blind, in which case I hope you're reading this in braille) allow me to point out that the poster promises a) a pit; b) an evil teddy bear; c) a potentially evil awkward blonde kid; d) underground creatures of some sort; e) ALL OF THE ABOVE!
Really though, I enjoyed the heck out of this film. Young Sammy Snyders is fantastically odd and creepy in the lead, and his relationships with the underground "tra-logs" and his college age babysitter with the cute '80s hair and eyes are well worth following. Plus it's all filmed in lovely Beaver Dam, Wisconsin - which I have no ties to other than being a Packers fan - which makes the setting seem adequately midwestern. The Pit is truly a film I'm glad I uncovered, and I can't wait to see it again.
Oh, and THIS HAPPENS. I know, it's a giant freaking spoiler, but if THIS can't get your blood boiling, check your pulse!