I’ve purchased (and watched) the first two episodes of this series. It’s not quite up to the level of fun that MST3K reached. I think that may due to the fact that having five people riffing makes the whole thing feel a little impersonal, and has less of that “hangin’ with your buddies” feel to it.
Still, the first two both had some hilarious moments, and they manage to pick films that are jaw-droppingly terrible without being boring.
It’s also nice to see that truly independent, web-drive entertainment is starting to get a foothold, although most of it still seems to be driven by existing mainstream media fame.