Out-of-context chunks of horror films are scotch-taped to a videotaped story of haunted film reels, I think, in this Troma film. Really, I have no idea what the plot of this film is supposed to be. I got the synopsis from IMDB. Reel Horror makes absolutely no sense. Due to terrible editing, vignettes seem to just stop and start randomly and don't seem to forward the plot; so for some reason you see a jumpsuited Donald Pleasance being attacked by a panther, then a woman wearing an eye-patch that changes eyes from one scene to another, and then you see Vic Tayback coercing someone into chopping the head off a chicken. There's screaming, Binaca, a singalong, and lots of chickens. I don't know why. Here's a clip:
Oops, someone replaced my clip from Reel Horror that didn't exist because there wasn't one with this vintage McDonald's commercial featuring Evil 6-Armed Grimace. It's not much to look at, doesn't make a lot of sense in this context, and doesn't forward the plot of this review.
I watched Reel Horror on Youtube on the Troma channel. Since there is no actual clip from Reel Horror, here's the entire film which is ever-so-slightly recommended because it's so awful it's almost avant-garde.