Yeah, Roach was a fukking loser. Not sure if you noticed, but the actor is the guy that played Sandman in Spiderman 3.
They actually came out with a second movie in the Tales from the Crypt franchise :
Vampire/Skin flick. Not as good as Demon Knight, but still cheesily funny in some parts. Most importantly, there is a lot of nudity! As a kid, all them titties had me....
^ This chick right here had me hard as a mutha fukka, lookin' down at my dikk like "yo what the fukk b".
The key from Demon Knight actually makes an appearance in this and is somewhat important to the plot. Apparently, they were originally going to make a bunch of these and tie them together somehow, but it never panned out.