MST3K Ep. 1003 - "Merlin's Shop of Mystical Wonders"
Using a series of flashbacks, a grandfather (Ernest Borgnine) tells contemporary stories featuring the legendary wizard Merlin.
One story features a book of spells, the other an evil toy monkey. Much of the footage is taken from the director's earlier film, 1984's The Devil's Gift.
This was the last new episode ever shown; it was originally slated to be shown earlier in the season, but because of clearance issues for Sci-Fi Channel, it made its debut a month after Diabolik.