Remember me and my Myaskovsky symphony review? Because of your kind comments, I decided to check out your profile, and happened upon this review. It appears that at some point we are kindred spirits sharing a perverse love/hate for "B" movies (including Ed Wood). Can't say I've seen THIS turkey, but as you describe it, it looks even worse/better than the recent broadcast of "Sharknado."
I thought I'd throw a few suggestions for further viewing your way. Try "House" directed by Nobuhiko Obayashi (on Criterion). It's been quite accurately described as "an episode of Scooby-Doo directed by Mario Bava." The teenage girl heroines are so phony sweet, one just can't wait to see them get it! It's so outrageously over the top, I had to see it again immediately afterwards, just to be sure I'd really seen what I thought I'd seen.
Do you know the films of Larry Blamire? He makes intentionally campy homages to dated film genres that are truly hilarious. One of the best is the 1950's sci-fi tribute "The Lost Skeleton of Cadavra" (two scientists compete for good and evil purposes over the sharing of a meteor composed of "atmospherium.") But I also love "The Lost Skeleton Returns Again", "Trail of the Screaming Forehead" (a scientist attempts to prove that the source of human intelligence is not the brain, but the forehead, which secretes "foreheadazine"), and "Dark and Stormy Night", an "old dark house parody".
Also do you know "Icubus", the only film ever filmed in Esperanto, starring William Shatner?
Also sounds to me like you might enjoy the films of "giallo" maker Dario Argento. Some of these are quite fine, others going through formula. Try "Deep Red"--a gory murder mystery that will you guessing until the last few minutes whodunit--really fine.
Yes, most of these films (except Argento) are best watched when one is cocktailed up, but at least they're not best watched in fast forward (like the new "King Kong").
Warmest best wishes,