With the all star cast helps to make this a good movie. It has already been mentioned that the movie was transferred from television into movie form. The transfers that I have seen are not the best, but once you get into the movie you forget to look at the quality of the movie and begin watching it.
Fred Astaire plays a good part in this film. The film was made in his later years so, you won't be able to enjoy the smooth dances of Astaire's earlier movies. Still, he plays a good part as a drunk and as a fading hero. I really enjoyed the film and the parts that everyone in the cast played.
Other than the old-style television viewing, I have no bones against the movie. I'd say it is certainly worth the money...and don't miss the movie before this one. "The Over the Hill Gang" is a good movie in its own right, perhaps even better than the sequel.