I liked Phantasm: Oblivion with the way it ended. If my memory is correct it went something like this:
The Tall Man pulls out the killer sphere from inside Mike's head and dives into the portal with it. Reggie grabs his custom made quad barreled sawn-off shotgun, and turns to Mike and says something like "Hang in there, Mike. I'll be right back!" and then dives through the portal after The Tall Man. Then the scene changes as if Mike is having flash backs as he is lying on the ground. He is envisioning himself in his younger days when he and Reggie first met The Tall Man. And he is in someway in contact with Reggie's mind and says the worRAB of "I'm dying Reggie, I'm dying" just as he gets into Reggie's ice cream truck in the vision and they journey down the road, and the screen fades to black and the credits roll and the best horror theme ever kicks in - The Phantasm main theme. That was back in 1998 and we have yet to have an answer to it all. If we ever do get another sequel in the near future. It kind of chokes me up a little this ending, as I have come to love all the characters in the 4 Phantasm movies, even the bad ones. There is one thing you are always guaranteed of with this series. And that is a killer ending to each movie (pun intended). The endings only improve in each one, but it will be hard to top the ending of Phantasm: Oblivion, 4th in the series (and hopefully not the final entry either). If it is, then I guess it is a good way to go.