Hate to say this, but it's awful
Inane, un-suspenseful, sloppily edited, and absolutely incredulous. I bought the DVD a year ago and haven't watched it until recently, and boy, what a letdown. The characters are virtually indistinguishable, the acting is bad even by '80s slasher standards, and the whole thing is hokey and has zero tension. The fact that we see every death scene flashed across the screen at the beginning doesn't exactly help either.
It's not that I have a bias toward these films either— I'm a huge fan of the original Friday the 13th, The Burning, Just Before Dawn, The Final Terrror— but all of those films excelled in certain areas and were distinguishable in positive ways. Madman is just way too hokey and shoddily put-together. The only reason I'm holding onto my DVD is because it's a collector's item and I may watch it again just for the hell of it one of these days, but man, what a letdown. Anyone else less than impressed with this film?