At its core the movie is about the transition between childhood and responsibility and the leaving of childish things and just how comforting those childish things are.
It is also the movie that launched the career of the then 15 year old Jennifer Connelly and featured the first use of relaistic looking CGI. It flopped at the Box Office making only about half what it cost to make and since then has attracted a cult following on DVD and VHS (did I mention it was released in 1986).
Full of puppets, music, dancing, goblins, humour and David Bowie the movie is a fabulous blend of fantasy and tension.
More Applied Awesome and spoilers after the jump