I saw this at Goodwill the other day. Because this was being talked about in a positive light not too long ago, I decided to give it another go since I hadn't seen it since I was a kid. Maybe I'd enjoy something now I didn't understand then.
But no, it was still downright terrible. Not a redeeming quality about it, IMO. So incredibly bad. It was like the people making the movie, really didn't want to make a Mario Bros. movie. So they took their own script, and tried to tweek Mario stuff into it the best they could (which was terribly). Nothing resembled the video games, the cartoon, or even the comics except for Mario himself.
What's the most ironic thing about it is that there were some decent actors in it, yet the acting was still horrible.