Good old Paul W.S. Anderson is back with another cheesy sci-fi movie, but then this is where he belongs. I remember enjoying Mortal Kombat, I remember feeling sick about AvP (I need to re-watch Event Horizon), so as long as you don't give him a well loved franchise, he should be able to pull off a reasonably entertaining action movie.
Add The Stath to the equation, especially Stath in a car, and things are looking up. Take this film at face value, it's a Paul W.S. Anderson remake of a Roger Corman (prod.) movie, it's not Citizen Kane.