I think I'm in the majority on this one..

Everyone wants the various cryptid theories to be real, don't they? Especially when a specific area has an original one like Scotland's Loch Ness Monster (Nessie) but the cheap knock offs like "Bessie" in Lake Erie, or "Chessie" in Chesapeake Bay are so lame. I mean, the mysterious sea creature sightings all over the world makes it a bit more common, but the similar names... No imagination. At least Lake Champlain's Champ goes for it's own unique name and they even have a scientific version: "Champtanystropheus".
Bigfoot seems like an uninspired name, but Sasquatch sounds a bit more official and Yeti is the best one of all because I would imagine most people in Tibet are lucid and have better things to do than make up crazy "I have Bigfoot in my freezer" stories.
Chupacabra is one of the best in my opinion because what is the heck is it?? It's description is pretty varied: Reptile/Mammal/Canine, possibly 2 species; thought to be a supernatural/alien creature by some Okay that definitely sounds like something you'd see when you've had one too many of something. I'm sure the location of that one has nothing to do with the varied description (Texas, Mexico, Puerto Rico) but the cool name more than makes up for it.
The Jersey Devil is a pretty unique one in description: Winged bipedal horse and I don't know much about New Jersey but I read Janet Evanovich's "Stephanie Plum" series and "Jersey Devil" is thrown around like "beautiful spirit" is in Utah. In West Virginia they call it Mothman only it's missing the horse part. Just a winged bi-pedal.
But right now the Montauk Monster has reared it's ugly beak in the Hamptons again this year, just in time for the Memorial Day weekend. It gives that "freakishly large shark menaces a wealthy mecca at a very busy time" feel to wealthy, paranoid, New Yorkers. I think it's kind of fun, but as with the bigfoot in the freezer episode, year 2 of the Montauk Monster could easily be explained away with DNA.
Sometimes scientific proof ruins all potential for imagination. Grainy photos, clay and feather hoaxes and passed down stories was so much more fun. Even the photoshopped pictures suck.