Full credit to director Michael Dougherty (Trick ‘r Treat) because this is great-looking movie, filled with freaky creature designs and a just-right mixture of practical effects and CGI.

Krampus, when he eventually shows his cards, is a dark delight, but this film has more to offer than a single monster – Dougherty has a few puppet side-shows, including elves, a clown which comes right out of Poltergeist’s closet and some stuffed animals which are the satanic mirrior images of our Toy Story friends. Ho, ho, ho, indeed.

Krampus isn’t especially scary, but it generates goodwill nonetheless for treating its home-invasion-for-the-holidays setup with an appreciably straight face.

The film's lack of terror might be more forgivable had it embraced its more humorous inclinations, but the script’s pedestrian liberals-vs.-conservatives, boors-vs.-yuppies conflicts rarely result in anything laugh-out-loud funny.

There are a number of moments where Doughtery introduces something truly interesting and then never returns to it. Yes, the movie is perhaps overstuffed with interesting ideas, but that can be just as frustrating as a film with no good ideas at all.