I remember back in high school reading a book about unfinished films and how this was intended to be a full-length picture, and I've always wondered how the film would have played out. This is truly an amazing find!
I read the script for the full version, before they wanted to kid-ify it, it was entertaining to me, but I probably have a different sense of entertainment than most here. By the way, it's NOT just the M.C. Hammer song. This was filmed after the short lived show Lorinz was in, City, and he makes it clear that was the time period. The imdb listing had it as 2000 because that is the date it started going around on the film screening circuit. The uploader was obviously sticking very closely with the "date is when movie premiered" caveat.