I think the strength of it is that it looks SO CHEAP!! It could easily be just a web video where all the footage seen in the trailer is everything that was shot.
It's just so funny because the absurdity of Commando has always been ridiculously evident to anyone with half a brain cell! It's a true test of suspension of disbelief if I ever saw one. Take your pick, Arnold picks up a phone booth with a man inside of it. Arnold single-handedly slaughters an entire militia. Mind you, he later faces difficulty in taking on a single potbellied Freddie mercury look-alike in a fist fight!!
Commando is a blissfully stupid film that's long overdue this kind of lampooning. Don't get me wrong, I still love the film to death, and still derive much pleasure from watching it!