Should you see it? No.
I got tricked into seeing this a second time, thinking perhaps my judgment 30 years ago was unfair; it was not. A supposedly about-to-hit-it-big band smuggles cocaine to make ends meet and wants to stop, but have to do one more job for the mob. They toss 20 kilos out of a plane onto their property (Andy Warhol's home in Montauk), but can't find it. Trouble with the mob ensues, they try to make good on their deal, they play some songs. This was directed by Ulli Lommel and it looks like it was filmed with an outline rather than a script. Warhol plays himself and not particularly well. There's a sex scene involving lots and lots of baby powder. Jack Palance, as band manager, does what he can.