This is crazy… it's a mix of people, animation, puppets, cheesy props, awesome faces-overlaid-on-action-figures, there are musical scenes. It's crazy and hilarious and awesome. If nothing else FF to 1:42 ish and check out Robocop breakdancing.
"Crowdsourced by fifty professional and amateur filmmakers from Los Angeles and New York, the original movie was split into sixty individual chunks and divvied among themselves." – http://goo.gl/zizmMT