A must-watch... if you can MST
This is, by all accounts, a terrible movie. If watched on its own, it won't even be So Bad Its Good
. Where this film shines, though, is when it is used during a social occasion. If you watch it with a friend or two, preferably if they have good senses of humour, the film can quickly become hilarious. The movie is excellent fuel for snark, and can therefore provide a great deal of entertainment.
That said, if you watch it either alone or with people who take films seriously, you're going to waste your time.
Laconic version: Bring a friend, snark away, and enjoy yourself.