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Kraak (Kraken), a Dutch verb describing a cracking sound or: To be genuinely seriously performed by a person or group but completely failing in its attempt, thus becoming either hilarious or plain boring.

This of course also depends a little on your taste, but it is usually a good pointer towards it when people start falling asleep during the performance.
Dutch: Die film kraakte want iedereen viel in slaap!
English: That movie cracked because everybody fell asleep!

Ed Wood, Jess Franco and Arnold Schwarzenegger are some the major personalities in the field.
by Mark Lindhout May 25, 2005
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