This is my personal favourite movie in the Leprechaun franchise for exactly one reason: It's the only one that has any characters I like. I'm totally up front that Leprechaun 2 isn't very good, but it did get some small part of me to mildly care about a handful of the characters that shore the thing up, so personally I put this one on the top of the pile anyway.
Final rating:★★½ - Had a lot that appealed to me, didn’t quite work as a whole.