While occasionally a bit too goofy, this 60's movie is something of a Corman classic, and if you can stand the lower budget and silliness, you might have fun. I'd recommend watching it in the original black-and-white, but there are colored versions also.
What do you think about this campy classic?
(http://www.fight-evil.com/movies/years/1960/476-2.jpg)
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Not my favorite version, nor my top Corman movies but it has its charm. I love the over the top Rick M version.
I've never seen the 1986 version, but this one has enough nostalgic value that I suspect I'd still enjoy this one more.