If you watch the video:
…you rapidly come to the conclusion that the basic principle is, well, kind of stupid. Then again, so was the the original series. I mean, let’s face it: it was crap, crap, crap, like much of Sid & Marty Kroft’s work (all hail James Lileks for coming up with the indispensable adjective “Lovekroftian,” by the way: I’d email it to Ken Hite, except he might run with it, God help us all). Which would be a double-strength not-a-chance, except that Will Ferrell’s involved. The guy has a talent for making the best of crap.
So it’s a hard call. Maybe when it hits video.