I tried watching this the other night, but fell asleep about 40 minutes in.
Should they wish to take another shot at Herc, this one seems ripe with possibilities. Star “Rock Stevens” is none other than Peter Lupus (still alive at age 91! Who knew?), so there would be all kinds of Mission Impossible jokes available.
PETER LUPUS!!!
POLICE SQUAD…IN COLOR!!!
OMG! At first I thought the announcer said, “From the cook who brought you…” and I was thinking of someone saying, “So we’ll take this stale The Descent crust, pack it with budget Lou Gossett, Jr., add an on-vacation Dark Angel stunt double and some The Exorcist action figures, sprinkle with leftover video game peelings and dot with some garage-level Goblin which was already dated 20 years ago, bake 90 minutes…”
And yeah. Like Demon Squad, the film company Put A Bird On It ™, so how could we go wrong?! 
One guy in this has a reaction just like the hypnotized guy in Operation 007, the one where he leaps off the table, crashes through the glass window and attacks Thanatos.
But yeah, this film is like: “welcome to our super-secret place that seems suspicious and presided over by an old man…but hey, we don’t really have any evil plans…what a twist!”
TREASURE OF THE FOUR CROWNS
So bonkers bad I spent about half the movie with my jaw on the floor.
A US-European venture, it is a mess from beginning to end, and somehow manages to also be derivative of Indiana Jones. Also it was filmed for the early 1980s 3D movie craze, so has weird out of focus stuff flying at the camera at odd times.
You WILL find yourself asking “WTBLEEP JUST HAPPENED?!” a lot, and it won’t be because the movie is blowing your mind.
Their weapon is banality and song.
Was talking with someone recently about old TV shows and the topic turned to the Summer filler stuff, mostly failed pilots…
This got me to hit Google and I think I found a few that I remember?
“Infiltrator” https://www.youtube.com/watch?v=KMe8pHedWms looks promising? I think I may have actually seen that one?
I wonder if MST3K could get the rights to riff some of the old CBS Summer Playhouse pilots?
I mean, repackaged TV shows aren’t exactly a new thing for MST3K, but have they ever taken an episode or two and done their own repackaging?
Do the General Hospital shorts count?
They’ve done at least one movie length pilot if that’s in the general area of what you’re asking on the first question. Stranded in Space was a failed 1973 NBC feature length pilot.
Not a movie, but I’d like MST3K or Rifftrax to riff on whatever episodes of the '70s megaflop Supertrain. I think Rifftrax referenced it while riffing on the Star Wars Holiday Special.
Not necessarily a historically bad movie, so to speak, but Sergio Corbucci’s Super Fuzz (1980) is one of those Pumaman-esque, incomprehensible Italian superhero movies that was a huge staple of HBO in its early years.
A cast and director known primarily for Spaghetti Westerns doing a comedic superhero movie? An iconic theme song from Italodisco icons La Bionda? Extremely silly set pieces only the Italian genre cinema of the late 70’s-early 80’s can provide? Count me in.
How about the Assassination Bureau from 1969 with Diana Rigg, Oliver Reed, Telly Savalas and Curd Jurgens?
Based on the novel by Jack London and Robert L. Pike, this movie adaptation is more lighthearted. It features Diana Rigg as a nosey reporter who investigates the titular bureau.
Of course, the scene I liked most was the characters visiting a bordello - there was plenty of eye candy. 
