Campy, campy, campy.
This is one of those "I bet the behind the scenes drama would be more entertaining than the actual movie" kind of movies.
Yes, there is a killer shark, and yes, Chief Brody is back and still a little bit on edge after the events of the mega-blockbuster original Jaws.
This is a pale imitation of the original, but there is still some fun to be had along the way. Is it "so bad it's good?" Yes, indeed.
Oh, and John Williams whipped up some fine music for this one, so that's cool.