Yes it a Ripoff of the Jaws Ripoff "Grizzly".
We have a Killer Bear treatening a Town.
It has load to make fun of.
Bad Acting : Check
Confussing Flashbacks : Check
A wounded Hero who is seperated from his wife and son: Check
A well written script: Are you kidding me?
I'm sitting here watching it as I type, DEFINITELY Rifftrax material! I can picture them making Kool-aid Man jokes as the bear busts through walls at people!
Toyland Chairman commented
Apparently this was released in some territories as GRIZZLY 2. Not to be confused with the unfinished 1986 sequel featuring George Clooney and Charlie Sheen.