It’s not a good movie. The plot doesn’t make a whole lot of sense, and there’s a lot of cliches and padding. BUT it’s a lot closer to being not-bad than most of what we see on this show.
This is a case where I feel like some of the writers genuinely hated this movie, way out of proportion to how bad it actually is. The credits with them sneering at the hero make that clear. I still really enjoy the episode, though. Most of the riffs are fine, and the reunion sketches are enough to bring it well above average. 