Derided in its day, Last Action Hero is a surprisingly entertaining, if only moderately successful, pastiche parody of the action film genre. The film has so many hits, with relentless gags and jabs at the overdone, explosion-filled movies of that day, all directed expertly by John McTiernan whether it be a joke or a genuinely cool bit of action. But soon after the hour-twenty mark, the jokes get exhaustive and old, and when the film does give that eventual flip, the “deconstruction” of the genre isn’t as effective or interesting as it could be, leaving one feeling entertained but not fully satisfied.