We'll go back to Elm Street, and to the house where Nancy from A Nightmare on Elm Street lived. Five years have passed since then and the Walsh family has recently moved in.
A Nightmare on Elm Street Part 2: Freddy's Revenge goes straight to the point, so I see no reason not to do the same. Jesse Walsh is the son in the house and he experiences horrible nightmares after taking over Nancy's old room. He falls victim to a more cunning Freddy who plans to have Jesse commit murder for him.
At a breakneck pace in a film that jumps a bit staccato between one night to the next, where meeting Freddy and nightmares is the most important thing, this loses its grip on the big story. The first film was simple in a good way, this one becomes simpler, with emphasis on negative connotations.
That said, A Nightmare on Elm Street Part 2: Freddy's Revenge is a just fine movie, and I'm strictly never bored. It manages to squeeze in a lot of good gore, even if it never gets scary. The humor is not as sharp as in the previous movie, and together with good characters it is the edge I miss the most. The film lacks any explanations along the way that contribute to the uneven flow. On the other hand you do not miss the most important pieces of information.
At a lower level, the film has a lot going for it. If you do not want to be influenced by my view of the characters before you see the film, then I advise you to skip the next section.
If you start to look at Jesse as a gay man who has not come out of the closet, and who struggles a lot with himself and who let the bad Freddy be what punishes him along the way, then this is possible to give a lot of meaning. The film is suspicious, for lack of a better word, from an early stage, it's easy to notice. Many sequences along the way help to support this, including a rather sadomasochistic scene with the gym teacher in the shower.
Should I draw a conclusion from this, it is that A Nightmare on Elm Street Part 2: Freddy's Revenge was better than expected.