I agree with all that you say but here's an interesting caveat:
You say all franchises with four or more installments and I would tend to agree: for instance, the fourth Hellraiser was tripe, the third okay, the second quite good and the original good. Trilogies tend to be good and it is indeed the fourth installment that often lets these series down.
What about the Alien series though? Personally, I thought Resurrection was pretty dire; largely reliant as it was on over-the-top gross (CGI?). IMDb gives it 6/10 though; indicating that a lot of people think it has merit.
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