According to the trend of exponential diminishing returns for sequels, this movie will be at best, 1/10,000,000th as good as the original movie. Seven sequels really stacks up those zeros.
The Howling was great, but I think we're getting into singularity generating suckage potential here, just due to the above. Heck, it's amazing if this actually makes it into theaters, weren't the last four movies direct to DVD?