The first movie is ridiculous but we give it a pass because its Arnie.
We "give it a pass" because it's good, not just because its "Arnie". If this new movie is "good" people will like it too, but based most current Hollywood writing being crap (irrespective of what/who stars in it) I'm not holding out much hope for a "this is so bad it's good" film nevermind a "Good" film, which will be a massive shame if it tanks as the Franchise really needs a fresh injection something to get it going again, or just leaving alone to die peacefully of old age
