aka Virgin Hunters
How bad is it? It's intentionally bad and has a decent budget - a typical teen romp.
Should you see it? It won't kill you, but don't make a special effort to see it.
In the near future, the world is run by a corporation that has banned sex and is led by Morgan Fairchild, who does a comedic dominatrix turn. A group of teenagers time travel to undo the ban (oblivious to the fact that they won't exist, apparently). It's very tongue-in-cheek, with most of the nudity in fantasy sequences. There's a killer cyborg sent after the teens, a female doing a great Schwartzenegger impersonation. The teens than try to hide by cross-dressing and there's a long pointless dance club sequence.