It was very close to being so bad that it was fun to watch, but it lacked the necessary tongue in cheek or at least going over the top. In the end it was boring, really boring, while taking itself seriously. For something that doesn't make any sense, the film ran like its makers expected viewers to take it seriously as well.
For me the only notable thing was that the main cast was mostly taken from the Continuum TV show. Other than that everything was really silly, just not silly enough to entertain.
But that's just me. If you believe in meteor(ite)s that can lead to growing ice crystals that suck the heat from an area the size of a small town, while not interfering with the rest of the world climate, then this is the film for you.