Yes, this is film may be seen as trash, it's certainly a b-movie, but I think it needs to be put in the right context.
Most friends aged between 30 and 35 still remember most of the gags by memory and every time we talk about films at the pub, when we get to Italian commedies, it is mentioned (and everyone starts repeating all the gags).
I'm pretty sure there are a lot of Italian guys, from at least one generation, that consider this film a cult.
I agree, however, that if you don't fit in the above group you will just find it plainly stupid.
For what is worth, I think that the film has been re-mastered and that it should be available (at least in Italy)
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