This is a late reply, but this movie has spawned quite a bit of pondering on my part, perhaps far more than it deserves. Oh well..
I think I like Mike Myers more after watching this, just because of how nuts it is. There are actually kernels of really great ideas in here, about cross-cultural validation and race. One of the main characters is a black hockey player, described as "the Tiger Woods of hockey." So, why does it take a black superstar to validate a sport? Why are these sports/cultures so racially segregated even today? Why does western culture feel the need to commodify Hinduism into Oprah's Book Club-style bite-sized bits before that culture can be validated? None of these questions are addressed in any coherent or intelligent way, but they could have been, which makes the film's outrageous un-humor all the more disappointing.*
Still, it's fucking insane. Those scenes where the only joke is Myers getting food in his beard? HAHA THERE IS POPCORN ON HIS FACE HILARIOUS! Also, the probably 10 solid minutes of Verne Troyer-is-short jokes, which are never unfunny because he is such a skilled comedic actor, right? Also: sitar sing-alongs, Ben Kingsley pissing on things, and Justin Timberlake being a villain. It's amazing failure. It's an example of a supporting character or a skit idea expanded to a full film, and crashing and burning. In this case, crashing and burning like a tanker truck colliding with a Cirque du Soleil tour bus.
*Elaboration: I don't think comedies have to address weighty issues directly, but if those themes are present, they can add to the humor; like the jokes are a relief to the weightiness inherent in those ideas. You know, how Ghostbusters deals with themes of the afterlife or The Hangover deals with themes of regret and guilt. Those movies are good because they know how to make jokes about things that make us uncomfortable