How bad is it? Very cheap and derivative, it's not terrible.
Should you see it? If it shows up on TV, as it frequently does. Not worth a rental.
I think this is one of the best of Charles Band's 1980's productions, which admittedly isn't high praise. An android, a scientist (Denise Crosby), a soldier-of fortune adventurer and a martial artist (the obviously stage named Conan Lee) fight a mad doctor and his army, intent on taking over the world. It's very much a "Romancing the Stone" rip-off, with a heavy dose of Indiana Jones, but there's some good action between the slow bits, some humor that actually works and decent acting by Andrew Prine.