Not a fan! First of all they're really not all that funny on a good day. And those are just the ones who aren't pure evil.
so google tells me the clown movie was called "scary or die." it was not a good movie, but it was a fun watch anyway. the clown story involved a birthday party clown named fucko, who bit someone and the bite victim became an evil clown too. then more stuff happened that i can't remember, but the final scene involved a woman pushing a baby stroller, and suddenly revealing giant clown shoes on the baby showing that it is an evil clown too.
the best i can recall, someone at the party called him that and it just stuck. but i can't make any promises, maybe that was how he sold himself. i would probably hire a fucko over a bozo any day.
Im glad I have creepshow on pretty much the first release on VHS (Purple text first WB logo label) I had creepshow II but it sucked and I let it go..