Yeah, I remember this one (I think I still have it in my library, too) Like any attempted mainstream tickling thing (Looking at you, too, "Gitchy the Clown") the hype and expectations were huge! But the delivery fell short. And like Dino mentioned, thing took Years before it was finally released, too! Even more built up hype!
But hey, as a filmmaker, I do at least commend them for completing and distributing a feature. It's no easy task.