Far from it in my view. Buster Keaton did many short films, while not all of them entirely worked (yet still with recommendable aspects) the best of them are up there, or at least close to being, with the best of his feature films. Keaton himself was a genius, often hilarious, extremely bold (back then and even now) and his deadpan delivery is near-unrivalled. As others have said, he considered the for a long time lost 'Hard Luck' his favourite of his short films.
Personally do not agree with him there. While preferring it over 'The Balloonatic', 'The Frozen North' and 'The Love Nest', there is a vast preference for 'The Scarecrow', 'The Goat', 'The Playhouse' and 'The Boat' ('Neighbors' and 'Cops' too if not quite as much). 'Hard Luck' is good fun and above average, and Keaton himself does not disappoint, but it is not one of Keaton's overall funniest, most imaginative or boldest and the story is severely flawed.
Due to it feeling very disjointed, muddled and almost incomplete-feeling, some of it coming over as quite cobbled together as well. Humour-wise, it's all executed very well and there is nothing unfunny here actually.
Just not much that is peak Keaton, hilarious or daring (well other than the subject by today's standards regarding the latter). When one thinks of iconic moments from Keaton's short and feature films, there is not much here in 'Hard Luck' that would be on that list for me. Though the ending comes close.
'Hard Luck' looks good though with nice photography and the physical comedy never looks haphazard captured on film. The supporting cast do well, with a charming Virginia Fox (though her role is underwritten and plot-device-like) and menacing Joe Roberts, regular Keaton co-stars, supporting Keaton typically solidly. Keaton's performance is both full of life and moving and what there is of his physical comedy amazes.
While not as hilarious or inventive as other Keaton works, 'Hard Luck' still amuses and the lauded final gag is great. The now quite controversial subject of suicide and doing it through comedy is handled tastefully and the pacing didn't feel dull (though inevitably there was some jumpiness).
In conclusion, above average but not one of Keaton's best. 7/10
