Out on a limb....
Just going to stick my neck out here and speculate that this one might have hope of getting the "so bad it's good" motif correct. I could see it being really funny.
Maybe.
Why else would they think of making a sequel? The first one was a total moral leper.
shareI have a feeling this one might be worthwhile. I think it's the first time a spoof-show like MST3k actually breathed life into a horrible, rightfully forgotten film that actually inspired a sequel by its original makers even! With that in mind, it HAS to be more targeted for the So-bad-its-good crowd, and hopefully provide more of what we want in this sort of thing.
I could imagine them coming out with a PRINCE OF SPACE 2 or a MOROZKO 2 in the future, as filtered through the post-MST3kificated lens. ...like a LASERBLAST 2 where the hero destroys STAR WARS signs every chance he gets... that sort of thing.