Saw it yesterday. It has some redeeming moments, but not many. It was mostly plodding and dopey. These best thing about it were the campy costumes and movie scenes.
It is an extremely unconventional movie with several competing storylines which are tied together by their connection to the protagonist. If one isn’t very familiar with who or what is being parodied I am sure it is not nearly as entertaining.
After watching literally dozens of films depicting the rooting out of communists who had infiltrated Hollywood as the worst thing our country has ever done... we thought it was hilarious to finally have the commies portrayed as the idiots they really are. We also loved many of the other old movie spoofs and characters, especially the cowboy. To me it seems lie a film that will grow on you as time goes on.