You know why LAH was so reviled, right?
It came directly after Terminator 2! One of the greatest movies of all time!
The Arnie hype machine was on overdrive, everyone was ready for Last Action Hero to be the next big thing... and it just wasn't.
Most people haven't even seen the movie, but it's universally considered to be this huge piece of shit because what everyone does remember is the disappointment surrounding it.
I don't even know if I've seen it from start to finish, to be perfectly honest. The villain had happy face eyes, or something? That's all I'm getting.