How bad is it? Ill-conceived, poorly plotted and acted, but nicely shot.
Should you see it? No. Unless you need to prove to someone that Wesley Snipes can't act.
A man is killed, then resurrected, but that also resurrects those he's killed, so he has to kill them again. The film seems to borrow from "Blade" and every other horror film. There's a woman who shows up with absolutely no explanation, but appears integral to the story. The film looks like it cost the reported $16 million budget, but the editing is atrocious, the dialog verging on non-existent, there's little action and no pay-off.