You're asking the wrong person lol. I can give you a list of "objectively bad" movies that I think are incredible for a variety of defensible reasons.

Just off the top of my head as I briefly scan shit sitting on the shelves of my office:

- Joe Dirt

- Death Wish 3

- Thrashin

- Hackers

- Mortal Kombat

- Uncle Buck

- The Incredible Burt Wonderstone

- Tapeheads

- Prayer of the Rollerboys

- Weekend at Bernie's

Not exactly Fellini, and some are barely even Andy Sidaris if we're being honest, but every movie in that list is amazing for different reasons. An objective critique of any of them (especially in context with "film", as a shapeless, vague concept) misses the point and the spirit of each and every one. But I am an uncultured heathen, so ...