The "stolen" material is pretty entertaining in how it is reused, and re framed by goofy narratives ("... anyway ...") - especially if you are familiar with - and a fan of - the source materials they are sampling. (Battletruck!!) And the President is none other than Godfather Roger Corman.
Maybe a spoof, or maybe a tribute. Perhaps just a comedy. Whatever it was, it was SUPPOSED to be "bad!"
Hmmm. It might be exactly made for the demographic that likes to do the Mystery Science Theater thing DIY, and sit around with friends and 'OMFG!' at how bad a movie can be. Hey wait, that's been me, too .... oh well. I reckon I'm OK with being a sucker for stuff like this. You could do a lot worse - and not much better. Even when it's not that funny, it's sure to be awesome.
"F*** their classics, these are MY classics!" - Max Wasteland