Hilarious. Although if I were a little kid, I don't think I would get most of the jokes. References to COPS, GHOSTBUSTERS, ALIEN, THE PRINCESS BRIDE, FLASHDANCE, GARFIELD, SHORT CIRCUIT 2... hell, they even parodied an old game - Street Fighter. Whatever, it was fun.
Oh one more thing --
I demand a spinoff movie for PUSS IN BOOTS!