For the very first entry, I chose one of my favourite slasher films from the 80's,..."The Burning".
This film does a wonderful job of being the quintessential slasher film, for better or worse. The story is of a camp caretaker who is horribly burned in a prank gone wrong, only to return years later as a melty-faced goon with a pair of gardening shears. Violence ensues, all centering around a massacre on a raft three-quarters through the film. the slasher make-up was designed by special effects master Tom Savini, and was designed and constructed in only two days. This may be why the killer, Cropsey, looks less like an actual burn victim, and more like a melted candle. All in all, a classic camp slasher film that can boast a really cool villain. Plus, it's got George Costanza (Jason Alexander) when he still had hair.
Click here for the theatrical trailer.