I have mixed feelings on all this. On one hand, cheesy special effects are exactly what none of us wanted. We wanted the old-school feel for a new generation. I don't think we'll be getting that.
On the other hand, the addition of Hulk Hogan automatically makes this a must-watch. This has major potential; both good potential and trainwreck potential. I'm definitely in, whether the end result turns out to be good or not.
While I agree that was pretty dumb it was also funny -- I was laughing to myself while listening to it. Also the person (Rachael Blake) ties into the Lost Experience stuff that has been going on all summer.