Favorite Terry "Hulk" Hogan Bollea Movie - Dodgson on 5/16/12 at 4:29 amI gotta go with Suburban Commando. Perfect allegory for racism in the 90's. When he says that he hates earthlings, I really believe him.
I rank the rest as:
3 Ninjas High Noon at Mega Mountain
Grandfathered: Gremlins 2.
ETA: Have not seen Rocky III, Thunder in Paradise, Santa ...