Thus far and no further is how I view this film - while 'Hellraiser' was a smooth and well-handled interpretation of 'The Hellbound Heart', this serves as an interesting extension to that story. OK, the acting is largly dire - but is this not a horror movie tradition? The film excels in its MENTAL imagery, not physical: Tiffany's disturbing visions of babies with their mouth's sewn shut as Leviathan plays with her fears; Channards violent, acid flashback-style memories... they are all insightful and well-thought out as they deal with that which cannot be tamed easily - the human psyche. Director Tony Randall has a lot to live up to following Clive Barker's '87 epic, but he takes the reigns of the story with good grace and presents a slick and progressive tale - although I do agree with the general consensus that the Cenobites should NOT have been humanised.
All in all though a great film, fantastic visuals - the fall of Leviathan at the climax has to be one of the most gripping and explosive deaths of a movie monster in horror film history - and one which should have ended the tale.