I am highly skeptical that it will measure up. I’m not sure I could get high/drunk enough anymore to enjoy another one anyway. I don’t have that kind of energy anymore.
Nowadays, the more a film gets hyped the more likely it is to be mediocre at best. Anchorman 2 pegged the meter on hype, and like you say, had all the best parts in the trailer. A movie has to work really hard to not get rented on Redbox for me.
EDIT - But I will see this sequel. I will know better than to expect a good movie, just good camp and cheese.