Yep, that's what it is! \o/
I did give it away, a bit. It's a movie I saw back when it was first released on VHS, and one I promptly forgot about for the following two decades. The blond lead dude, Paul Satterfield, was also in "The Raft" segment of Creepshow 2, apparently.
Hopefully as a plank, seeing how wooden he is.