Yes, one could argue it looks a bit cheesy today, but hey, I like the 80s atmosphere, & one neat thing about this movie is the cast.
If you are a Sci-Fi buff you'll find yourself going "No way!" a lot as you meet the actors playing these characters. A lot of the main cast ended up on other space stations a couple of years after they made this movie, namely Babylon Five and Deep Space Nine. In that way it has a bit of a neat "When Worlds Collide" vibe for the TV Speculative Fiction buff. Claudia Christian eventually became a regular on B5, and Shari Shattuck made a stopover there too. Both Armin Shimmerman and Marc Alaimo ended up doing yeoman service on DS9, Shimmerman as a regular and Alaimo as a recurring guest. It is neat to see them all together in this one a couple of years before they hit those series roles, and they and the rest of the cast seem to be having fun with it too.