I just finished watching "Shark Attack 3" on the Sci-Fi Channel, and all I can say is... wow! The miserable special effects turned this movie into an instant comedy. I believe they hit a new low. If you want to see some real funny "scary" footage of giant shark attacks, be sure to rent this flick (or catch it the next time Sci-Fi airs it, which is sure to be very soon).
No no no, you gotta rent this, brother. Don't be lulled by network editing, because if you saw it on Sci Fi, you missed the movie's greatest line of dialogue. Although I really want to tell you what it is, I'll let you rent it and see for yourself.
And yes, this is one of the greatest B-movies ever made. It's a thing of beauty.