Watched it last night, as a matter of fact. Thought it was hilarious. Loved Dennis Farina as Ray "Bones".
Funny as hell. lol
It was definitely a satire on Hollywood, not a mob pic. It was funny to see Gene Hackman play a total idiot tho.
BTW, don't you think Travolta would play a great straight-up mobster in a serious mafia movie? I wonder why he's never done it before?

"You don't make up for your sins in church. You do it in the
streets. You do it at home. The rest is bullshit and you know it."
----Mean Streets---

"Business bad? Fuck you, pay me. Oh, you had a fire? Fuck you
pay me. Place got hit by lightning huh? Fuck you, pay me. It was
beautiful!". ---Henry Hill in "Goodfellas"