Fletch Lives!
I really like the original Fletch. Maybe it's nostalgia, but I can still quote almost the whole movie from memory. I like that side of Chevy Chase. So sue me.
Fletch Lives! has Chevy sometimes being almost as good as the first one, but not nearly enough of the time. What it really suffers from is "my God this is so bad" editing. Like they set the schedule and actually forgot to include editing - "Shit! This movie is due tomorrow and all we have is the unconnected scenes!" type editing.
I wonder if Julianne Phillips would have been really, really hot if she hadn't had to cope with the fact that she came onto the scene at the ugliest fashion and hair time in the 20th Century? I think so. The 70s get a bad rap - as someone who came of age in the 80s, our styles were so, so much more brutal than mustaches and leisure suits.
Plus, the movie has a plot that really, really doesn't hold together. Which is funny, because the first one more or less did.