OK, these folks had a cast of good actors - in fact there are some pleasant surprises in that department, enough to make this a slightly better than average film. More on that later.
The screenplay and direction... well, it seems sometimes that any laughs in this thing were accidental - what may have been intended to be the big jokes fall flat, leaving incidental chances for levity. Very occasional chances until well into the film - so hang in there, people, it does get better.
What excuse does the director offer for this film? If you're going to do accent and ethnic humor, DO it. Don't hire Alan Arkin, then let him sleepwalk through an acting job - make him ACT, more than he did in the first half of this film. Beat him if you must, but do it. Don't let him be a walking ad for Ambien.
Good points? Steve Guttenberg actually surprised me on this one - he did an excellent job of acting, up there with his opening scenes in "The Boys From Brazil" as the young amateur Nazi hunter. So did Gilbert Gottfried, for that matter - he's much better than I have seen him perform in his other films. Bill Macy puts in an honest job, much more than I can say of Arkin, who seems to phone his lines in.
Production values?
The camera-work's pretty good - they shot the film in Spain and decent professionals did the technical work, but the person responsible for the soundtrack should be shot for having a very heavy hand with the brass in the orchestra and stealing the guitarist from some backyard porn studio in Marin County.
Yeah, you should watch it. It's worthwhile if you stick with the film until almost halfway through.