It's about as campy as high school theater with an ending as satisfying as a sharp stick in the eye.
The movie itself is a farce. It borders on utterly ridiculous at times even by the standard of farces. There are enjoyable story arcs and a bit of workable humor, but the few redeeming elements (namely the love arc) of the movie are completely crushed by a rushed and largely unresolved ending. It's the most unsatisfying satisfying ending to a movie I'll ever seen.
I won't pretend that there's no entertainment value to the movie, but it can't be taken seriously on any level and it ultimately ends up being an overall let down.
If you like fantastical Broadway-type entertainment with no value placed on story, then you will probably like this movie. Otherwise, skip it.