Empire magazine has an annual "Done in 60 Seconds" competiton, asking readers to submit minute long homages to classic and recent films. This year, one of the contestants gave a minute long version of the original A Nightmare On Elm Stree". While it is not the best submission, and is clearly played for laughs, they were able to feature all the best moments into the film (minus Tina's death and some very bad acting). Follow the link to see the video. My vote is for the claymation "Evil Dead".