For reasons unknown, the remake chooses to play the tongue-in-cheek original straight. In doing so, it does not seem to realise that the in-jokiness was the original without it the remake is just an ordinary B movie, no different to any of several dozen Jaws (1975) imitations. The remake tries to crack lame genre in-jokes Have you ever seen The Creature from the Black Lagoon? And heres the Crab Monster and that is about as clever as it gets. There is one would-be in-joke aimed at the original I was representing Dante and Sayles a client, says burned-out lawyer William Katt. (The film may well think it is making a homage to the originals creators, although one should note that according to the script Dante and Sayles are meant to be industrialists who have ruthlessly polluted the environment).
The plot otherwise follows the original closely. There are occasional changes Kevin McCarthys scientist now becomes a woman; the self-important camp counsellor originally played by Paul Bartel becomes a bimbo; and now the piranha were originally created for use in Russian and European conflicts rather than the Vietnam War. Alexandra Paul gives an, as always, competent performance.
Piranha was later far more successfully remade for cinema screen by Alexandre Aja as Piranha (2010).
Director Scott [P.] Levy is a former Roger Corman protégé who has directed a number of B genre films including Midnight Tease (1994), The Alien Within (1995), House of the Damned (1996), Time Under Fire (1997), National Lampoons Men in White (1998) and Error in Judgement (1999).
Full film available online here:-