It can be good... in the right hands.
We're all debating various complex semantics when the only thing that ultimately really matters is talent... who ultimately is in control of these building blocks. Talent with the director, talent with the screenplay, talent with the acting, etc.
There has been plenty of dumb plots, stories, concepts, etc that have been turned into great movies by talented people. Reservoir Dogs, Clerks 1, Napoleon Dynamite, The Abyss, etc would all sound dumb, boring, or cliche on paper, but were made highly watchable by talented film makers working in their prime.
Just like startups, the only thing that matters is people, not how clever your original idea is. You could have the perfect movie idea, which many big budget have had (which translate well into trailers and per-release marketing), but turn out to be awful once it's turned into the 1.5hr+ long final product.