I was 7 years old when this movie came out. It was also the first Alien/Predator movie I ever saw, though that was some years later.
Even though I'd probably rank it as my 7th or 8th favorite of the franchises, I don't hate it. Part of that is because I had no hype, no anticipation when I first watched it (that same kind of hype led to my colossal disappointment of Prometheus). And consequently I can even find the movie a little nostalgic.
Looking back now there are still some elements I dig about the movie. Like the setting. Antarctica's the most isolated place on Earth, and I liked how the scenes with the abandoned whaling station lit only by the flares/flashlights looked, so I think it was a great setting choice for the ALIEN side of the film. And the ancient pyramids was a link to the continued presence of the Predators in human history, so that was cool for the Predator side of the film. I still like the concept of Predators hunting prey in a constantly shifting maze of a pyramid. The idea of seeing Weyland and his original company was pretty cool (pre-Prometheus retcon). And the fight scenes were decent, at the least.
Finally, it's not AvP: R.