How bad is it? In some ways, stupifyingly bad.
Should you see it? Yes.
God help me, I like some Tim Kincaid films (see also "Robot Holocaust"), which are terrible, know that they're terrible and just keep going like that's not an issue. The plot to this one involves a new generation of androids (or cyborgs or mutants - the terms get thrown around haphazardly) which have been injected with a drug to become an army of uncontrollable sex deviants - or so they say in the film, though there's absolutely no evidence of that shown. And, while we're at it, if you create an army, wouldn't you want to be able to control it? Oops, that kind of thinking has no place in Tim Kincaid's New York of the future, where men in tighty whities live in minimalist rooms decorated with weapons fully ready for use. The "mutants" wear sunglasses for no perceivable reason and spew yellow cheese when killed. Oh, and they're telepathic. The best scene has a handcuffed mutant stretch his arm several yards to get an axe so he can chop off his own arm at the wrist and continue fighting. There are people on the street who just accept decapitations as everyday occurrences. The evil Domina is laughably weird; I think she's supposed to be both sexy and dangerous, but is neither. The one reasonable character gets tossed out a window to her death (actually, she's a robot of sorts, so she just gets destroyed) and no one seems to care.