This film really makes one appreciate just how brilliant Christpher Guest's mockumentaries are. It also makes one realize that a TV show like The Office is much harder to make than it might appear.
All that naturalistic mockumentary acting looks so easy, but if this film, Lollilove, proves anything it is that mockumentaries can be very hard to make.
There aren't any glaring mistakes in the film's production, but rather none of the elements of the film are done to the level that needs to be done to make these films work. The acting is just a tad overdone, the writing is slightly implausible, and the camera-work is amateur. All those small mistakes add up to bring the entire thing down to the level of mediocrity.
To be fair, the film seems like more of a casual side project than an attempt at film-making history. It seems that the actors obviously knew the film was kind of a lark and not something that should be taken very seriously. In fact, low budget films like this almost never get put out on DVD, so it is pretty interesting from that standpoint.
Even if you are a die hard fan of the genre, though, I would say that you could miss this film without any regret at all.