It’s held up perfectly. (Note: All of the Weaver films aka The Alien Quadrilogy are now on Hulu.) It feels like this movie was actually a bigger hit on Netflix, where it popped up in the top ten ...
According to O'Bannon on the Alien Quadrilogy DVD box set, he struggled to create a good alternative title for the movie, "When suddenly, that word alien just came out of the typewriter at me.