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* AwesomeMusic: Michael Small's score, which is a highpoint of the movie even without taking into account his excellent arrangement of the Creator/JohnWilliams main theme.
* FanonDiscontinuity: As bad as the third film was, many fans still prefer to acknowledge it as the true sequel to the first two films, if only because Sean doesn't die a gratuitous death in ''3-D''.
* FunnyMoment: Creator/MichaelCaine's incredibly nonchalant OhCrap when the shark is charging at him.
* HarsherInHindsight: Creator/JudithBarsi plays Michael's daughter, who is almost killed thanks to Michael neglecting to warn his family that there's a shark nearby. She almost died because of her father, [[TearJerker yeah...]]
** Even harsher, [[spoiler: she was suffering considerable abuse from her father at the time she was filming this movie, who threatened to kill her if she did not return from the Bahamas when filming was complete.]]
* HilariousInHindsight: The heroes use the shark's electroreception to confuse and enrage it. A few decades later, it was discovered that great whites and their relatives, such as the mako shark, have a weak sense of electroreception, which means their plan shouldn't have done much to the shark.
* MemeticMutation: The tagline.
** In a meta-sense, Michael Caine's famous MoneyDearBoy quote about the film--"I've never seen it, but I've seen the house Jaws built and it's terrific".
* {{Narm}}: [[http://www.youtube.com/watch?v=YqiWWmAEfTA A roaring shark?!]]
** The supposed suspense of the attack on Thea is ruined by the terrible acting of nearly everyone in the scene.
* NeverLiveItDown: The scene where Michael Caine reemerges from the water after somehow outrunning the shark and his shirt, "[[Creator/GeneSiskel is as dry as if it had just been freshly laundered!]]"
* NightmareFuel: Come on guys, let's face it. Even this piece of sh*t of a film has it's moments. For example, just forgive how Mitchell Anderson is [[SpecialEffectFailure embarrassingly obviously hiding his arm under his jacket]] and think about his character Sean Brody's situation.
** [[spoiler:Just on your boat, doing your job, when suddenly [[ThreateningShark some unknown menace]] emerges from the depths, latches onto you, and starts violently pulling your arm. For some reason, it's [[SpecialEffectFailure bloody even before it happens]] but who cares!? You manage to stay on the boat, but realize your flippin' arm is gone! [[AndIMustScream You try to scream for help]], but unfortunately your very far out and everyone is busy [[HorrorDoesntSettleForSimpleTuesday Christmas caroling]] so no one can hear you. So the beast returns, and your efforts to keep yourself in the safety of your boat are futile as it effortlessly drags you into the water. Keep screaming all you want for the remainder of your time above water, because it proceeds to pull you down and finish you off.]]
** There's also the bit when ''Michael'' is chased by the shark. The worst fear of every scuba diver out there.
* {{Sequelitis}}: The film is considered to be the worst ''Jaws'' film, and it's frequently placed on "Top 10 Worst Films" lists. WebVideo/TheNostalgiaCritic appropriately dubbed it "the unnecessary sequel to the unnecessary sequel of the unnecessary sequel." Also, when opening the ''Series/SiskelAndEbert'' review, Creator/RogerEbert snarked, "Just when you thought it was safe to go back in the theater."
* SignatureScene: The shark exploding.
* SoBadItsGood
* SpecialEffectFailure:
** The very obvious models used when the shark explodes.
** The shark itself, which is only ''slightly'' better than that featured in [[Film/Jaws3D the previous movie]]. In several shots you can see the rod used to move the mechanical shark.
** During the first attack, blood can clearly be seen in the water before it has begun to maul Sean.
* TearJerker: Sean's pleas of "God help me!" as he's being torn to shreds by the shark, while the blissfully unaware locals on the dock continuing to sing Christmas carols, thus drowning out his cries for help, can actually be very moving.
** There's a sad moment on the beach where Michael regrets how he resented Sean always trying to tag along with him when they were kids.
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