Common Sense Note
Parents need to know that this crude parody is from the same directing team responsible for Date Movie, Epic Movie, and Meet the Spartans. Like all of those movies, this one features a seemingly endless list of celebrity impersonations and reenactments of scenes from other popular films. Expect strong language ("s--t," "a--hole," etc.) and comedic violence. There are a couple of scenes of women in bikinis or lingerie, a shot of Beowulf's naked behind, and tons of sex-based jokes and references. As for commercialism, the entire film could be regarded as an ad for all of the movies and celebrities it references.
Sexual
Content
Many references to heterosexual and homosexual acts; a couple of female characters are shown wearing lingerie; Beowulf's naked rear is visible; Flavor Flav and a little person are in bed with a woman; the princess, who has a pimp, says she'll "do anything" if the price is right.
Violence
Gun play and comedic violence (like fake-looking body parts landing everywhere), Dr. Phil and others being shot, a delusional woman eating glass, a woman being crushed to death, and other disaster-movie stereotypes.
Language
The usual suspects: "s--t," "d--k," "bitch," "ass," "a--hole," "p---y."
Social
Behavior
There really isn't a message except that perhaps the directors don't understand the meaning of parody. Women are portrayed as damsels in distress; there's a scene filled with gay jokes/stereotypes. A random little person pops up as a sexual joke.
Consumerism
Starting with the framing device cribbed from Cloverfield, the entire movie is strung together by overt references to popular films, musicians, and TV shows, including Juno, No Country for Old Men, Wanted, Enchanted, Kung Fu Panda, Hancock, Jumper, Night at the Museum, High School Musical, Alvin and the Chipmunks, Get Smart, Indiana Jones, Hellboy II, Amy Winehouse, Flavor Flav, Dr. Phil, Justin Timberlake, Miley Cyrus/Hannah Montana, the Jonas Brothers, and many, many more. Actual products include Mac, Pinkberry, Calvin Klein, Ambien, Facebook, MTV, Head On, and others.
Drugs / Tobacco /
Alcohol
Adults drink at a party, where teens try to steal booze; references to various drugs.