Back in a time when the term "popcorn movies" actually meant something, Predator stands out especially today, mostly due to its high quality writting and top notch action. This movie never gets boring, as we watch the characters interact with each other, it brings to mind the feeling I got when watching the Marines from Aliens; a great feeling of comradary and gruff friendship. The special effects, while dated, in my humble opinion look better then the snazzy "futuristic" effects we are seeing today. The Govenator is perfect for the lead role in this film, he commands a certain respect both from the characters and audience alike.
The title character of the film is still cool and frightening by todays standards. The filmakers knew how to use the Predator makeup, they shadow it in as much darkness as possible, cover it in mudd and grime, which hides what could have been very obvious makeup "guy in a suit" effects. The guy who plays Predator did everything he could to add some life to the creature, to make people think he could stand up against Arnold in the end. Its really alot of fun to watch the Predator hunt these hapless soldiers, when just a while ago they were kicking ass everywhere they went.
As we watch the downfall of summer "popcorn" movies, its good to know we can still go back and watch something great like this film.