Well, I'm definitely going to see it now. I'm sure it'll be somewhat cheesy because it's an 80's movie and it's 20+ years later, but I'll keep that in perspective and give it a fair shot.
It's not outdated at all. I saw it a few years ago, for the the first time, and absolutely loved it.
Moon, put down the Star Wars for a second and check out both of these badass flicks.