Spotty, even by the standards of an anthology film, since each director has a radically different conception of the tone, style and aesthetics of Twilight Zone. Dante's segment, though, is brilliant, inflected with the physics and psyche of cartoons. With a dark and zany sense of humor, he shows the perils of spectatorship without moral digestion: hamburgers and peanut butter without nutrients, so to speak.
Dante and Miller's episodes are by very very very very the best parts of this film, fast and funny and scary in the best way. Landis & Spielberg's sections are pretty dull stuff, with the "Kick The Can" section can be seen as the first real danger sign that Spielberg was going to just go for the sugar at all costs.
Joe Dante's episode premediates the rise of Trump like few other directors: he somehow predicted that the 45th is a 6-year old psychopath who can do terrible things to people. He surrounds himself with sycophants, in a big, white house. Reality is always a step ahead of fantasy.
John Landis directs the best of the segments, arguably the best not just for it's great ideas but because when you realise that the rest of the segments are just high budget remakes of Twilight Zone episodes the film becomes a bit tedious. Spielberg's segment is definitely the worst although Scatman Crothers is fantastic as always. Dante's segment is very good but I haven't seen the episode it's based on...
Should have been pulled from release in respect to the deaths of Myca Dinh Le, Renee Shin-Yi Chen and Vic Morrow. The film is a cynical exercise in po-mo nostalgia, with none of the neuroses or sci-fi smarts which animated the original. That said, it's almost worth watching for the animatronic work and Christina Nigra as a wonderfully gobby little girl w/ a ventriloquist dummy pal. Pretty goofball.
As uneven as episodic horror films can be, this really carries it to the end. Spielberg's turn is the let down, being the only film you know the jist of within a minute, but the rest is superb.
Special mention to Joe Dante who really pushes the visuals to the absolute max. Expressionist nightmare might sound like hyperbole, but not one bit.