Whoa, this movie looks cheap. It looks like it was shot on the streets of New York City with nothing but $14 and a silver superhero suit. The good news is, it's pretty funny. A few sidesplitters, and solid chuckles up until the end, which is utterly hilarious.
The premise is that Jesus comes back to Earth in the modern day and finds he's a bit of a freak. He meets a seamstress and has her make him a superhero costume so he'll be able to relate. Then the Antichrist (who's the NYC Parks Commissioner, for some reason), resurrects the greatest sinners in history to fight Ultrachrist, and then ... then things get kind of weird.
While the movie may dwell a little long on some subplots (a romance between a pretty reporter and Jesus's angel sidekick may be a tad too much gravy), it manages to sustain momentum throughout, and by the final twenty minutes, when Jesus and Satan go head-to-head at what seems to be a benefit Honkytonk concert, it's reached deliriously crazy highs of hilarity.
Minor masterpiece? Maybe not ... but I did appreciate that the movie didn't stoop to lowbrow scatological humor at all (obscure political references are more its thing), and the performances (except a few where it's clearly someones friend or sister) are quite good -- particularly Jonathan C. Green as Jesus/Ultrachrist.
If you can tolerate low production values, bad sound and Klezmer music, Ultrachrist! is a movie worth checking out.