How bad is it? It might be too good to be on this blog. It's also sometimes so stupid it hurts.
Should you see it? Yes. I really enjoyed this one.
Troma Films has a really low batting average, but occasionally they make a great movie (like "Tromeo and Juliet") and this one is my favorite. Michelle Bauer and Brinke Stevens are the main babes, who break into a bowling alley with three nerdy boys as part of an initiation. There they release an evil imp from a bowling trophy (!) who turns the women into demons - one with a beehive hairdo, one dressed in leather bondage gear and one with what looks like really bad acne. One nerd gets deep-fried, one gets ripped in half and one's head is used as a bowling ball. In other words, good clean fun is had by all. It's all very campy and cheap, but so good-natured as to be charming.
A note about titles:
"Sorority Babes" was titled to attract attention. Such films are a mixed lot. "Cannibal Women in the Avocado Jungle of Death" is a terrific film, despite having Shannon Tweed in it. "Slave Girls from Beyond Infinity" is too uninteresting to review. "A Nymphoid Barbarian in Dinosaur Hell" I reviewed (negatively) earlier.