Ensemble Darkhorse: Jaime Lloyd, and by extension Danielle Harris, are often considered the best aspect of the film and for good reason. Between being a new take on the Final Girl formula (a child instead of a teenager) and an overall strong and likable character, she's remained one of the most popular characters in the franchise to this day.
Sheriff Ben Meeker is also quite the beloved character as well, being an overall welcome aversion to the usual Police Are Useless cliche present in slasher flicks and Beau Starr's intense performance being praised. He's genuinely competent at his job and actively assists Dr. Loomis in his efforts to stop Myers. Not to mention being the one leading the shootout against Michael at the end helped garner him a lot of fans.
Narm: Dr. Loomis' cries of "No!" when he sees Jamie at the ending is hilarious to some people.
The original trailer does a nice job of building up the hype for this film - except for one shot of Michael clinging to the roof of a swerving pick-up truck; the sound effect is straight out of a Hanna-Barbera cartoon.
So Okay, It's Average: After the deviative Season of the Witch, The Return was made to closely resemble the first two movies and avoid changing the formula tooooo much, though it did feature a couple switches (child protagonist, the twist ending)