For the first day or two things go pretty well. Billy and Gizmo have a lot of fun playing the keyboard and watching TV, but then things get all fucked up when Giz gets water on him and pops some more Mogwai's out of his friggin' back! These dudes aren't as sweet as Gizmo and when they eat after midnight, all kinds of Hell breaks loose. Soon, these new brand of critters have completely taken over the town and are hellbent on killing Billy.
I'm sure by this point in time about everybody has seen GREMLINS a few dozen times, but if you haven't...it's a great film. It's a little dated, there's not enough Corey Feldman, Phoebe Cates never gets naked and there are some darker elements to the story (that might disturb younger, sensitive children) if you think about it too much, but overall it's a fun family film with that familiar 1980's Spielberg feel to it. Pretty much mandatory viewing if you are at all interesting in good movies or influential films of the last few decades.
It would be awesome if they did make a full-on dark as fook remake! Gore, nudity, ultra-violence, Stripe pulling someone's intestines out and eating it as the die watching...mmmmmm!!! If you want to know more about Mogwai's, then check out the novelization by George Gipe.
Part 2 - Gremlins 2: The New Batch (1990)
Steven Spielberg cameo.
I think we all remember that building in the background.