How bad is it? It's the cinematic equivalent of a pun.
Should you see it? If you like cheesy shark films, this one's okay.
Stealing mercilessly from "Blood Beach" (as well as "Jaws," "Tremors" and "Piranha"), this film answers the question of: what if the sharks weren't confined to the water? There's a bunch of familiar faces, from Brooke Hogan (and her brother Nick), Corin Nemec and some whose names I don't know, but have worked before in films or television. The CGI is of course poor and the plot hackneyed - the beach is closed after the first attack, so someone throws a party there - and there's a lot of girls in bikinis screaming. Most memorable, however, are the endless puns and riffs on better films; "you sand of a bitch" capturing both.