Just re-watched it... Really weak movie.
Watched it when I was a kid, around 10 years old, I remember telling my friends how much the creatures from the "fairy tale world" that the troll created sucked. But it was kinda entertaining at that time.
Now, like 20 years later, this sucks so much. The dialogues are ridiculous, and most scenes are totally cringeworthy.
A few funny scenes cause they are soooo bad, but other than that there's no reedeming quality on this film.
The troll was hilarious! looked like and old version of Alf mixed with the face of a former argentinian president (Carlos Menem), check this out:
http://i.ytimg.com/vi/pCqUyI9Ir5o/0.jpg
http://momento24.com/wp-content/uploads/2010/08/Menem.jpg