I found the sequel on DVD over a decade ago for $5. Still haven’t watched it.

Maybe the longer I wait the better it will get?

Nope. It was bad. Really, really bad.

Star Wars Life Day Special bad? Sharknado bad? Velocipastor bad??

In other words, unwatchably bad such that it pains you to finish, or so bad that it comes all the way back around to entertaining?

I never finished it and never have had the urge to watch it again for thirty years.
‘Sharknado’ isn’t even bad, it’s just a modern b-movie.
It’s the modern equivalent of Batman (1966) - “campy”.