So I've discovered some marvelous Europeon cinema during my excavation of 1981, including my first exposures to Zulawski with the stunning Possession and the mostly ignored Claude Miller with his compulsively watchable Garde * vue, which hasn't even been released in the US. Still have lots more to catch up with that looks promising as well.
Very quick shots:
The Incredible Shrinking Woman (Joel Schumacher, 1981) *½
Blurs the lines between appropriately abrasive satire and excessively embodying that which it satirizes, not unlike Jingle All the Way. Also equally irritating, ugly, and tacky, though not without its minor charms thanks to Matheson's source material that inspires a few niftily conceptualized and executed setpieces.
Happy Birthday to Me (J. Lee Thompson, 1981) **
An absurd, overlong, largely tension-deprived slasher populated with more irredeemable characters than usual, that is almost passable for its sometimes atypically dynamic direction (when it isn't inexcusably underlit), a few memorably inventive murders, and a camptastic climax that is dumbfounding in its demented hysteria.
For Your Eyes Only (John Glen, 1981) **
Goes for gritty, first by introducing a vengeance theme that it utterly squanders by being predictably facile and hypocritical in its morality and politics, as well as by toning down the silliness of its action sequences, which are the highlight thanks to Glen's sturdy direction that renders the film's 2+ hour length snappier than it deserves. It's just a shame that Roger Moore comes across less as a dapper, oversexed international spy than a suddenly rapid-aging creepy uncle hitting on girls one-third his age.
Galaxy of Terror (Bruce D. Clark, 1981) **½
Forbidden Planet meets Alien, produced by Roger Corman on one of his usual non-budgets, though you'd never know it thanks to the phenomenal set design by a young James Cameron, who almost single-handedly redeems what is otherwise a cheap, poorly written/directed/performed knockoff. There's some nifty effects work here as well, and once you adjust to its shameless, trashy wavelength, it's a fun time that crescendos to a delightfully gonzo climax.