"C.H.U.D. is a 1984 American horror film produced by Andrew Bonime..."
Wikipedia on C.H.U.D.
Here is the trailer for the movie, if this does not draw you in, I don't know what will ;-)
I emailed the producer about 10 years ago to express my love and adoration for the movie, and he actually emailed me back! What a nice guy.
So, if you are bored, and looking for a great bad movie to watch this Halloween weekend, check out C.H.U.D., my fave.