Others say...

"Greatest 80's movie for me!"
I grew up on the original and it was awesome!
Just so people do not get confused, YES, there are 2 versions.
One is the original-unedited. This has some cursing and at the Pirate ship part there may or may not be an octupus part.
I saw it also aired on Disney. This version was cleaned up. They edited this some, which includes the cursing was gone and replaced those words with other cleaner versions of it.
You can probably buy this version as well but I'm not sure how one could compare them.

""Goonies Never Say Die!""
In 1985, Steven Spielberg (the Indiana Jones films and E.T.) served as an executive producer on the Goonies, an adventure film based on a story by Spielberg and directed by Richard Donner (Superman). Since the film's release, it's become a cult classic of sorts, as well as being a favorite film for nostalgic teens and adults.

The story follows a group of outcast kids growing up in Oregon, who call themselves the Goonies, as they spend their last weekend together before their parents are forced to sell their homes to make way for a golf course. Mikey, the youngest and most precocious of the Goonies, finds a pirate's treasure map in his attic and realizes that if the Goonies can find the treasure then their parents won't have to sell their homes. Mikey and his good friends, Chunk, Mouth, and Data begin following the clues that will lead to the treasure and they're eventually joined by Mikey's older brother, Brand and two high school girls, Andy and Stef. But things become complicated when a family of second-rate criminals, the Fratellis, catch Chunk and find out about the treasure. Jake and Francis Fratelli lock Chunk up in a room with their deformed brother, Sloth. Sloth may be fearsome in appearance but his grotesque exterior hides a heart of gold, and he and Chunk become fast friends. Meanwhile the other Goonies make their way through a series of underground tunnels, all the way avoiding booby traps and following the clues. Little do they know that the Fratellis, lead by Mama Fratelli, are in hot pursuit. But can the Goonies find the pirates' treasure and save their homes, and can they outsmart the Fratellis?

Like many of Spielberg's own films, The Goonies follows a specific formula. The kids, like those in E.T., swear frequently and use vulgar language, so parents be warned. There's also some risqué humor and comic violence, but most of which is simply too funny to be offensive. When inspected closely, the story unravels due to numerous plot holes, continuity errors, and a general lack of realism. But that's all part of the charm of The Goonies.
The ensemble cast is terrific especially Sean Astin as Mikey, Jeff Cohen as Chunk, Corey Feldman as Mouth, Ke Huy Quan as Data, Josh Brolin as Brand, Martha Plimpton as Stef, Kerri Green as Andy, John Matuszak as Sloth, Robert Davi as Jake Fratelli, Joe Pantoliano as Francis Fratelli, and Anne Ramsey as Mama Fratelli.

The excellent DVD includes outtakes (features the infamous missing octopus scene), The Making of The Goonies vintage featurette, a ridiculously silly 12-minute Cyndi Lauper music video, theatrical trailer, and an audio commentary (with video commentary by Richard Donner, Sean Astin, Jeff Cohen, Corey Feldman, Ke Huy Quan, Josh Brolin, Martha Plimpton and Kerri Green). This audio/video commentary is perhaps the most entertaining feature I've ever seen on a DVD and alone makes this a worthy purchase.

Also recommended:
Gremlins
Back to the Future - The Complete Trilogy
Explorers
Flight of the Navigator
The Monster Squad
Home Alone
The Sandlot

"YOU GOONIE"
It's a good movie, it's somewhat ridiculous, but that is sort of the point. You have Andie the cheerleader, Martha the smart quirky friend, Data the 007 wanna be, mouth the outspoken pain in the butt friend, chunk the non adventurer, Mikey the asthmatic dreamer, and Brandon the elder brother go in search of treasure in order to save their homes and their town.

Ann Ramsey is brilliant as Mama. There are great lines in this movie, and despite its quirks it is a lot of fun to watch and later quote. ("Babyyy-Ruuuth", Booty Traps, Hit Puree, You Goonie, Goonies never say die)

"BACK TO MY CHILDHOOD!!! AHHhh... MEMORIES.."
Every generation has certain movies that will always transport them back to childhood. "The Goonies" does that for alot of people in my generation. The cool thing about this flick is, not only does it take you back, but, once there, it captures so wonderfully what the best moments of being a kid felt like. Yes, the plot is mostly a fantasy-the ultimate wish fulfillment of having a great adventure, and saving the day. However, the soul of the movie-why it's still cherished today-is it's understanding of friendship and family. "Stand By Me" is the only other film that has so accurate a portrait of adolescent boys interacting with each other. The cast had such an amazing chemistry. Great direction by Richard Donner, and this is Spielberg magic in it's prime. This fantastic DVD presentation does the film justice. Some may think this movie is way too 80's, but to me "The Goonies" is an essential classic.


"A classic that will never die..."
This is one of these great old movies which will always be a classic, and stands out among all the shill that is produced today. I'm proud to be a stickler of the old school, and this movie definitely reinforces that!