^ Shiiiiiiiiiiiiiiet I'm jelly as hell!! I bet it will be awesome but please report back to us after you witnessed it, if it was truly amazing.
Finally, here's my '80s horror list... I had to weed out a lot of stuff to make this only 10. xD Also, this isn't in any concrete order. It would be better to rank the first five as "number 1" and the last five as "number 2" slot.
1. Hellraiser
Best Cliver Barker adaptation I've seen so far (no wonder, he had a hand in it as well). Perfect, atmospheric, juicy, with some chilling and equally fun sequences. Gotta love the Cenobites! Actually, the sequel doesn't trail too far behind either.
2. The Beyond
Lucio Fulci represent!! I just love the gritty, spooky feeling of the whole movie. The makeup effects are amazing albeit a bit cruddy (that adds to the whole thing imo), and it's all just one big nightmare ride of a film.
3. Inferno
Almost as brilliant as its predecessor Suspiria, Dario Argento does it again! Stunning colors and lighting, lots of gruesome but somehow beautiful (and at times, absurd) scenes. The music doesn't really work all the time for me but it provides an interesting dimension nevertheless.
4. City of the Living Dead
Lucio Fulci represent!! I just love the gritty, spooky feeling of the whole movie. The makeup effects are amazing albeit a bit cruddy (that adds to the whole thing imo), and it's all just one big nightmare ride of a film. [2] heh.
5. Demons
Imagine Demons 2 being here as well. Overall a very fun experience with some disgusting demons killing off people trapped in a cinema (watching a movie about demons no less, lol) -- what more do you want? Oh right... cheese-tastic heavy metal to accompany it all. Contains one of the best ridiculous action scenes in horror.
6. Re-Animator
One of my favorite comical horror movies ever, I just cannot get tired of it. Major respect and props to Stuart Gordon (director) and Jeffrey Combs (playing the hilarious lead role) for twisting this Lovecraft tale into something exceptionally fun to watch. A ton of laughs and gorey/gross moments.
7. *insert an '80s John Carpenter horror here*
Seriously. Carpenter made some of his most excellent work in this decade, I simply cannot choose. I love The Fog because of its inducing fear with simplicity, The Thing with the chilling (heh) creatures and sense of isolation, Prince of Darkness spooking me out with all the apocalyptic religious Satanic stuff (and awesomely casting Donald Pleasence as usual), and finally They Live with its subtle hints of sci-fi paranoia.
8. Tetsuo: Iron Man
Okay, we could argue if this is really horror or not, but to me it represents the finest of what Japan has to offer in the 'body horror' subgenre, drowned in a thick sauce of that typical junkyard aesthetic of low-budget Japanese cyberpunk. Totally weird and insane black-n-white feature with some amazing visuals and unforgettable soundtrack (courtesy of Japanese industrial music god Chu Ishikawa).
9. Videodrome
Speaking of body horror...yeah, I couldn't leave Cronenberg out of this. I was a bit torn in choosing this or The Fly or Scanners, but this movie is somehow a bit closer to my heart. Maybe because of all the lovely imagery, body fusing with technology, minds warping, reality blurring and whatnot. Plus, it has a pretty~ hot Debbie Harry, so yeah.
10. The Hitcher
Oh boy, this looming menacing atmosphere, I just love it. Rutger Hauer is the star of the show here clearly, portraying the enigmatic and psycho drifter dude of the title. Whenever he appears on screen you just know shit will go down, but the pacing is so sadistic how they draw out some stuff for the tension, it's awesome.
+1 "cuz I just remembered this one" Angel Heart
Damn, this movie. Imagine if Jacob's Ladder had a baby with an X-Files episode and up the spook factor a few notches. Incredibly well-done mystical thriller/horror starring (a still decent-looking) Mickey Rourke and Robert de Niro, crossing over into nightmare territory with no turning back.
@Bear I love how there's almost literally no overlaps between our lists this time. I do love the Evil Dead movies of course, they almost made the list. The Argento movies you listed are cool too. I must confess tho, I haven't seen a single "Friday" movie, nor a "Nightmare" one (okay, maybe the 4th or 5th? loooong time ago, can't remember).