First one was good. Second one was horrible because it tried so hard to mimic, if not copy, the first one. This third one looks different, but from what I've heard they pretty much forgot to make it funny and instead went with action. That's not necessarily a bad thing, but if since it's being promoted as a straight comedy I could see people feeling like they were misled.
Currently Rotten Tomatoes is destroying it. Overall it has a 21%. Seems like that number keeps dropping too. It was in the 30s and 40s, but keeps slipping. I think I'll wait for Red Box.