CHUD.com’s Jon Abrams waxes philisophical in a fantastic essay about why werewolf movies basically stink. He suggests (rightly, in my opinion) that while every genre, sub-genre and niche in film has its diamonds in the rough, werewolf movies are fundamentally lacking.
Every major strain of genre filmmaking, whether it be the war movie or the alien invasion/science fiction movie, the time travel movie or the samurai movie, the Western or the boxing movie or the comic book movie or the vampire movie – all these have their few-and-far-between classics that make sitting through all the more inferior efforts worthwhile. The exception is the werewolf movie.