I rewatched it a few years ago. Didn't much care for it. But remember when it first came out (I was around 20 at the time) and liked it.
On a side note; I totally owned the Huffy Sledgehammer bike just like the one in the movie. I had gotten it when I was around 13 years old. I got it out of grandma and grandpa's garage and sold it on Craigslist for $100, when it should have been worth like $25.
Also, yes. I did take it on some pretty sweet jumps.