As for American Psycho 2, that was pure shit. I got suckered into watching that late late one night on one of the many STARS channels. I loved the book and enjoyed the movie of AP 1, but this second one is just utter garbage.
I was surprised to see Resident Evil 2, after the first one bombed and sucked at the same time.
And add to your list the whole Police Academy series. The first couple were good, cheap 80's comedies, but i think they are uo to about 7 or 8 on those direct to video classics. The only origionals left are the guy who makes the noises and the short black chick.