Here is the scoop -- there is a theory in the biz that if you deconstruct enough films in the same script, you may possibly trigger a paradox in the (Hollywood) time-space continuum, Star Trek style, and end up with a film which is actually a legitimate successor to the genre you were trying so hard to satirize.
Which is what I think happened here.
Ben Browder seems to have learned a LOT of valuable lessons from his first "Bad Kids" attempt -- just a rambly B movie which gained cult status because of some clever tropes -- and came back with a film which (I kid you not) has a remarkably tight script, good performances and good production values.
Which is not to say that the Coen Brothers are nervous, far from it. But the script is so interesting (with sly hints of Scream, Friday the 13th, I Know What You Did Last Summer, and even No Country For Old Men) that it actually engages and holds the attention.
And Sammi Hanratty gives what can best be called a bravura performance, biting into each line of dialogue and each piece of mayhem like she actually believes what she is saying ... like her career depends on it (which it probably DOES!) ... and essentially picks the film up and carries it to the finish line.
Gina Gershon does little more than offer a parody of herself, but her character ironically provides a "political angle" to the film which conveniently comes at a time when the world at large is starting to see politicians as potentially more dangerous than serial killers.
Recommended. And I predict there will be more in the series.