Ok, "Honey, I Shrunk The Kids" is an '80s classic. It's hardly haute cinema, but it's not "Toys", either.
Then there are the sequels - I only saw two of them, and neither of them are classic anything. The second movie has a giant toddler unknowingly rampaging down the Las Vegas Strip, and the third one is a terrible rehash of the original, but it's the parents having done it to themselves that time. They got Rick Moranis and most of the cast from the first one back for the second movie, and they got Rick Moranis back for the third - according to IMDB, "Honey, We Shrunk Ourselves" appears to be the last live-action movie he was ever in, which is not a high note to go out on for one of the '80s most iconic nerds.
"Honey, I Blew Up The Kid" even features an inexplicable Lloyd Bridges cameo.