THE DAY OF THE LOCUST opens. An ill-starred gallery of talent-compromised, fringe-dwelling has-beens & wannabes swarm like Boschian locusts in John Schlesinger's period perfect, Waldo Salt fashioned, adaptation of Nathanael West's hatchet job on the seamy underbelly of 1930s Hollywood. With Donald Sutherland, Karen Black, William Atherton and Burgess Meredith.