I watched this film because I enjoy camp movies for what they are. The problem that this movie has is, that while it tries to be a campy, cult film (a bit too hard, judging from the title), it commits the unforgivable sin of being boring. This movie had me begging for the end to arrive. Avoid this film at all costs. It has no redeeming features of any sort. (OK, the girls are fairly attractive; but you will quickly forget that as the pain of the film begins.)
The plot (as it were) concerns three geeks that attempt to observe a sorority initiation and in the process get shanghaied into breaking into a bowling alley with two sorority pledges, where they encounter not only someone else (a girl named 'Spider') breaking in, but in their quest to steal a bowling trophy release an "Imp" who is far and away a more offensive racial caricature and stereotype than Jar Jar Binks ever dreamed of being. Needless to say, the Imp makes pretty much everyone turn on each other, and mayhem ensues. The violence is not very graphic, and is all exceptionally stupid. I was not so much offended by violence as by the depths to which the filmmakers were willing to stoop to keep the audience interested. (It didn't work, anyway.)
The acting is among the worst I have ever seen, ditto the script. The 'plot' and direction were likewise from a mind far less gifted than Ed Wood. The sets weren't bad. In fact getting a behind the scenes look at the bowling alley was the most interesting part of the movie. As a related aside, I have got to comment that this bowling alley has the ugliest carpet I have ever seen in my life.
I like camp, but this is not camp. This is pain. I would classify this movie as "Deep Hurting."