Necronomicon: Book of the Dead
Meh. The first story is okay, the second is dull, and the third is just plain unpleasant, and not in a good way. And the wraparound segment isn't very good, either, with Jeffrey Combs slathered in goofy makeup which is supposed to make him look like Lovecraft, but instead just makes him resemble Bruce Campbell. I think this only has any sort of reputation at all is because it never made it past VHS, at least in this country, and the unavailability gave it a certain amount of mystique. That and certain crowds hate CGI so much that they'll praise anything with a couple of puppets in it.