Part 1 - Sheer awesomeness. Freddy is dark, creepy, and keeps to the shadows alot. The kills are great. Nancy is a superb heroine.
Part 2 - I liked it. The idea of Freddy invading someone's body so he can get into the real world and murder was pretty cool. The party massacre was fantastic. "You are all my children now".
Part 3 - Probably the second best of the series. Nancy's back. Her father is back. All the victims are sympathetic, and you actually care for most of them. Kristin is a great character.
Part 4 - Again, like part 2, I liked it. Not the best, but it had a quality that I couldn't help enjoy. Alot of the characters were pretty cool, like Alice and Rick. It also had one of the most outrageously entertaining deaths of the series: the girl being turned into a cockroach and Freddy squashing her!
Part 5 - Didn't care for this one at all. Freddy was too campy, the characters were annoying, and Freddy invading an unborn baby's dreams was just BS.
Freddy's dead - Utter crap. The video game death bit just showed how bad it had gotten.
New Nightmare - Interesting idea, but the premise of Freddy coming alive from movies did nothing for me at all. Even 'Nancy' couldn't save this one.