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Executive Meddling: For once, probably justified, considering that the original director turned in a cut that was 45 minutes long and consisted mainly of people sitting around and talking, with the occasional dinosaur thrown in here and there.
An arguably less justified (or at least more conventional) occurrence; the film's original ending involved Sister Anne leaving the convent to team up with the Runaway and help deal with any more Cyborgs that might come back from the future. As it turned out however, one of the film's main backers was a devout Catholic, and he demanded that the ending be changed so that Anne did join the convent after all. This also resulting in the ending which shows the Runaway becoming a counselor.
Fan Nickname: Future Wax. Due in large part to how the title scrolls onto the frame in the opening (left-to-center zoomed in, then pulled back so the title fills the frame) so that the "r" is the very last letter to be revealed. Due in larger part to the bots misreading the title as one of the jokes on the MST3K episode.
Hey, It's That Guy!: The film's star Daniel Bernhardt plays one of the upgraded agents in The Matrix Reloaded (the one who fights Morpheus on the truck). It's both frightening and uplifting to know that this movie didn't kill his career.
The old guy with the Hawaiian shirt is legendary science fiction fan and Vampirella creator Forrest J. Ackerman. He was apparently too distracted reading a copy of "Famous Monsters of Filmland", the magazine he edited for 25 years, to notice the dinosaur that killed him.
No Budget: None. See Mary Jo Pehl's comment about the cardboard TV camera.