You're doing a terrible job of marketing this. Why would you think anyone would want to watch something that is proclaimed by one of it's creators to be not good in any way, shape, or form? You're basically asking us to watch it for how bad it is. That said, I started watching the trailer and shut it off before it got a minute in.
The problem with something like this is that it's really hard to be constructive with feedback. You said that you all just basically did this for poops and giggles (essentially) and it really shows in the final product. You have to realize that just because something is incredibly bad (rather intentional or not) it does not make it an "ingenious" parody, it just makes it bad. Please, don't ever label your own films as "ingenious," not even Spielberg does that.
I'm sorry if this is unhelpful...but what do you expect people to say about this project? It's really just a bunch of friends playing around with a video camera. If you get serious and take it serious something good might come out of it, but realize that this is only funny and entertaining to you.