Dog Soldiers

A group of soldiers doing some wargame practices in the scottish wilderness run into honest-to-god-fucking werewolves. Wacky hijinks ensue, much blood is splattered, and few, if any, survive. Huzzah!
Oh, and it's fucking grand.

The british prove once again that they excel at scaring your pants off while making you piss them laughing. Well, maybe not scaring, I can't really comment on that end (the only movie that really scared me was The Changeling), but it is suitably gruesome and wrings maximum menace from its extremely tight budget...
Yes, this is a B-movie. But until the rubber suits come out, it's hard to tell. The actors don't stand out, but do a nice job overall, the script is quite good, and the action is convincing. Even the werewolves are good, once you get past how obviously fake they are; the movie wisely uses them sparingly untill the last half hour or so, when the action ratches up enough that you just don't care.
And while this movie is not quite as funny as Shawn of the Dead (which Dog Soldiers predates), it's damn funny. A particular sequence with a dog, some misplaced intestines, and a shower of vomit had me almost crying with laughter. Such laugh-out-loud moments are far between, but they're much more frequent than in straight-genre comedies these days (check my review of School of Rock, for example).

So what what the hell are you waiting for? it's bloody, it's funny, it's got freaking werewolves in it. The action's great and the characters are well rounded and likeable enough. Just watch it, ok? and then watch Shawn of the Dead.

Scary Movie my fookin arse. This movie may have the only funny matrix reference ever.