If you play a half a dozen plays of Baywatch, I believe you will have a hard time disagreeing with it being a HIGHLY underrated game.
Tons of great shots. Deep rule set including wizard modes for each character, crazy multi ball, shark flipper self flipping, largest DMD display to be put on games including really ingenious video modes. The theme is what gets people hung up.
My wife, who hated the theme when I brought it home because of the theme, now says if she could only keep two games in our collection, Baywatch would be one of them. My collection is: FH, RS, TS, TZ, W?D, Baby PacMan, Wipeout, Party Zone & Haunted House and of course Baywatch!