As opposed to Them, It, or You Are Not I. Dear readers, I'm afraid contemporary horror slouches ever closer to redundancy: once more a provocative premise devolves into laughable clichés, histrionic hand wringing, and overwrought effects. Wes Craven (who used to be cool) merely "presents" this one, as he did the anemic Dracula 2000. Directed by Robert Harmon and Zbigniew Karspruk, They asks the unsettling question: what if there really are monsters under kids' beds? Julia (androgynous, forgettable Laura Regan) is a driven, athletic young woman who suffered from night terrors as a kid. Long-time friend and fellow night-terror-sufferer Billy calls out of the blue to say that "they're back" and he can't hack it. Their childhood friends converge at his funeral and grudgingly admit that these long-ago demons have also reappeared in their own hip urban lives. Julia, a PhD candidate in psychology, decides to figure out the scientific basis for what's going on. Her supportive EMT boyfriend (whitebread hunk Marc Lucas, Buffy's Riley Finn), not unreasonably, thinks she's nuts. Eventually we move into Lucio Fulci territory (think The Beyond with a tomboy heroine) and that gray land from which stolen children never return. A pity Mr. Craven's recent film projects cannot be similarly banished. At the Entertainment (Swansea only), Providence Place Mall 16, and Showcase cinemas.