It was fun for the first 10 min or so. After 20 min, it was quite stale, and by the end I was sick of it. There is talk about them extending this thing into a feature-length film, but I think that would be terrible.
What might work instead is to perform a dual-parody, of both 80's tropes and the modern trope of giving away the plot in the preview(s). In this format, instead of 30 min of formless memes, they would publish 2-4 "previews" of the movie, and that's it. Same content, just published as previews.