This is a comedy that nobody outside china can appreciate.

As such, the movie can become a completely waste of time to a laughing good time (depending on your sense of comedy again).

This is basically a low budget comedy that nobody outside china can appreciate due to the context of the jokes, as it's often a spoof or parody on events that has happened. And since comedy itself is subjective and everyone has a different funny bone, even people in china do not find this movie funny.

To be honest, just skip this movie unless you are dying for some wuxia, but even then there are much better movies to watch if you're okay with older movies.