The following reviews reprinted, with minimal editing, from a longer column of mine in the third, January 1990, issue of the magazine (in*sit), edited and published by Mark Hand, Nancy Ryan, Donna Wilson, J. Eric Mason and myself, 
Jessica Amanda Salmonson's Tales by Moonlight II is not quite a direct sequel to the original anthology of a few years back; with this volume, she has done the valuable service of surveying and collecting some of the semi-professional or little horror and fantasy press. She offers 37 short stories and poems going back to Daniel Defoe's "The Devil Frolics with a Butler", published originally in pamphlet form by Defoe himself and seen therefore by Salmonson as part of a tradition that is currently represented by dozens of small-circulation magazines and book publishers, among hundreds with wider or different emphases (in her appendix, she lists 37 little-magazine contact addresses; a 38th is that of Janet Fox's small-press market-report guide Scavenger's Newsletter. A new translation of Theophile Guatier is included, and stories from such diverse a set of writers as Ramsey Campbell, John Varley, Nina Kiriki Hoffman, John Domini, Fox and Salmonson herself, along with H. P. Lovecraft (a very enthusiastic small-press person) and "The Eldritch Horror of Oz" by "L. Frank Craftlove" (Phyllis Ann Karr)--truly fierce. Salmonson also offers an historical survey as introduction and Grue magazine editor Peggy Nadramia offers offers tips on starting a magazine of her own in another appendix). 
Splatterpunks...the name is derived from Gardner Dozois's coinage of "cyberpunks" to describe a group of writers who had begun seeing themselves as somewhat apart from other sf people, more aware of global concerns and the interplay of cultures, particularly on the street level, among people living on one or another edge of ever-more technologically-dependent societies. One of the loudest voices, John Shirley's, among this group of writers insisted they were "culturally on-line," with implications that others were not. Cyberpunk writers, particularly Shirley and the most popular of them, William Gibson, also can be prone to flashy writing, and graphic descriptions of the tougher edges of those societies; hence the newly graphic approaches to horror fiction, often featuring marginalized characters, seemed to have more than a little in common with cyberpunk [and writers as interested in branding themselves to gain a little more attention for themselves and their work]. Hence, David Schow's suggestion, splatterpunk: the work of John Skipp, Craig Spector, Schow, Shirley (the notable mutual member), Joe R. Lansdale [at times, though he hated the label and had no interest in being lumped in with it], Robert Mc Cammon and Clive Barker. And with Book of the Dead, splatter punk has its first (as far as I know) all-original anthology, with Skipp and Spector as editors and stories by Lansdale, Schow, McCammon and such fellow-travelers as Ramsey Campbell and Stephen King. The whole thing [in those pre-ubiquitous zombie days] is a tribute to George Romero's Living Dead films, and all the stories involve zombies. Campbell's story is good, if a bit typical of his more sardonic work; sadly, the King is also typical of the worst of his work: dull, unimaginative, sloppily-written. The King and the one by Glenn Vasey were unworthy of my time beyond their first few pages (the Vasey because those first few pages were so utterly vapid). But Schow, Lansdale and pop-culture historian and occasional fiction-writer Les Daniels serve it up just the way Joe Bob likes it: imaginatively and wittily cheesy, and tough. McCammon's story manages to be humorously touching about zombie love, veteran Ed Bryant manages to out-ugly the younger splats, and Douglas Winter's "Less Than Zombie" is devastatingly satirical of a certain work by B. E. Ellis (and by extension of similar efforts by McInerney and Janowitz) and the affectless young moderns celebrated by that work [this was before the no-better American Psycho]. The rest are at least interesting, even if Stephen Boyett's story tries that interest eventually; some of the authors, even given the premise of the anthology, might be too slavishly hewing to Romero's concept of zombies, as well. One of those stories, however, Philip Nutman's "Wet Work" [later the basis of a novel of the same title] is a great knee-jerk response story for any anti-establishment readers, as it's all about cannibalistic zombies at a certain Pennsylvania Avenue address...
Another contributor to Book of the Dead, Nicholas Royle, came up with perhaps the most difficult (from the writer's perspective, not the reader's) story there, "Saxophone". He has another good piece, first published in the British anarchosyndicalist magazine Dig, reprinted in Karl Edward Wagner's The Year's Best Horror XVII: "One of Us" is one of two yuppie-horror stories in the Wagner volume, and it involves self-piercing enthusiasts (everyone's favorite marginalized group). {more coming as I transcribe}