You've nailed it with that list, and I think even since then, the top three are still Predator, Die Hard, and Lethal Weapon. Thanks to those, most action movies since then are just cliches and rip offs.
Terminator certainly deserves to be near the top, and first blood is not only a great action movie, but a great movie in general.
Robocop, to me anyway, sucked balls. It was built up so much by people I know, and when I saw it, my thought through the whole thing was "this sucks". But then, I can't think of a Paul Verhooven movie I DON'T have that opinion of.
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