This movie had an unreasonable influence on me as a kid...as cheesy as it is, it still holds up as one of my top ten favorite movies.
The movie is obviously technical garbage but one thing it did well was capture that early hacker counterculture spirit. I think a lot of us can appreciate that for the warm blanket it is and forgive its technical accuracy and story flaws.
But over time I grew to love both of them. In both cases I started to appreciate how they weren't trying to be faithful representations, but rather capture a particular ethos in a cheesy & over the top way. And both of them I think hit their mark well in that regard.