The '70s, being perhaps the most creative decade in modern cinema, produced some obscure stuff and No Wave is pretty obscure. I can't say this is great film making, but it sure is great that people made stuff like this.
Amateur actors plus a bad script can be a pretty deadly combination but this film is interesting enough to warrant curiosity among those interested in the No Wave/post-punk era in New York City. Poe's style is artistic with long takes (too long) that includes some good night scene shots of New York street life that remind of early Godard, and a great severe angle shot of the World Trade Center. But, if nothing else, Poe certainly had a finger on the pulse of New York's underground c.1977. There are some great live club performances highlighted by a nihilistic punk/mosh pit beat up of our protagonist at CBGB's.
The budget was reportedly $5,000 (I believe it) which along with the amateur actors and location shooting on the streets, resulted in the worst sound I've heard in a film. The dialog was often inaudible. But the music track wasn't and is worth watching the movie for: electronic/tonal pieces, very good acoustical numbers, and the live performances. Most of the actors were undoubtedly Poe's friends or art students or, I don't know, maybe just runaways he found in Times Square. But he did have a couple of pros: Debbie Harry (she was probably the best actor and had only one scene) and New York underground actress Patti Astor.
Also this film has a running time of 90 minutes, not 77 as IMDb says. The film is not in great shape and I don't see the UCLA Film Archive doing a restoration of it any time soon.