I'm clearly a mark for any film that has Josef Von Sternberg in a critical role, or one that references Chaplin, Lloyd, and Keaton and the pre-code, pre WWII era of Hollywood. The gags are funny and it's always entertaining to immerse oneself in the Minions patois.
All that said, the script is a giant mess. It's essentially "Babylon" but with Minions and also Cuthulu. It has the same final set piece as Big Hero 6.
But no one comes to a Minions movie for clever screenwriting. They come for gags, references and laughs - and this one delivers in spades. On a 100 degree July 4th weekend, there are worse ways to spend an afternoon.