How bad is it? Lame comedy, but far from terrible.
Should you see it? If it shows up on TV late at night, maybe.
I'm not sure why this has received so many terrible reviews, though it has the makings of a real turkey. William Hickey plays a mob boss who's ailing, so he has his nerdy incompetent son (Eddie Deezen) take over the business; then hit men try to take him out. Morgan Fairchild, Don Stroud, Brinke Stevens, Dick Miller, Mike Mazurki, Len Lesser, Robert Quarry and Teagan Clive all are in it. It's directed by Fred Olen Ray and this falls squarely between his better efforts (Hollywood Chainsaw Hookers) and his terrible ones (too many to mention). There are Three Stooges-type sound effects and a very self-conscious tone for a parody. There are some decent gags - which is rare for any comedy on this blog.