I find this and Starship Troopers to fit in a similar niche for me. When I first saw them I found them very cringey, horrible, couldn't stand it. Hackers for the reasons being discussed here. ST because of how bastardized it was from the source material.

But over time I grew to love both of them. In both cases I started to appreciate how they weren't trying to be faithful representations, but rather capture a particular ethos in a cheesy & over the top way. And both of them I think hit their mark well in that regard.

Bastardized? It's satire and not at all subtle about it. You can of course argue that it's poorly executed satire, but judging it based on how faithful it is to the source material is rather missing the point.