After the horrendous reception of the 2015 film, in addition to the also ill-regarded 2005 film and its sequel, it became a bit trendy to say this was actually the best Fantastic Four movie.
This film's version of Doctor Doom in particular is regarded as superior, if only because he looks the most like the character compared to the later versions.
Narm: The whole movie is full of it due to the low budget and cheap special effects.
Narm Charm: "Look at you, you're the Fantastic Four!" For that matter, the whole film is considered an example by many viewers, especially after the release of the 2015 film.
So Bad, It's Good: Horrendously corny, but the terrible effects and cheesiness make it entertaining.
Special Effect Failure: Averted by The Thing's costume, which is actually pretty good considering the budget of the film (The fact that the company that did creatures on Babylon 5 made it too, helps). Played agonizingly straight everywhere else though, as most of the special effects come in the form of stock footage, cheap optical effects, and really terrible CGI.
One of Reed's stretching scenes clearly involves two gloves on the ends of sticks.
Suspiciously Similar Song: Eric and David Wurst's score is essentially slight alterations of many popular John Williams pieces.
Vindicated by History: It was originally considered by fans to be a mere B-movie with a healthy dosage of Narm and They Just Didn't Care. But now with how bad the 2015 movie is considered, this version of the Fantastic Four is being recognized by fans in a more positive light in comparison, considering that it seems like the makers of this one cared more than the makers of the 2015 reboot. It is also considered the closest a Fantastic Four movie has come to matching its source material in many ways.