Wow, yeah, Manos was a painful watch even with the MST treatment. Thats rather bold of Mike to think he could do it better, not sure if he was a writer at the time of the original.
I like Rifftrax, especially their treatment of the new StarWars. But I have to give it up to Joel for doing Cinematic Titanic, which is a live riffing of bad movies. I saw it in Atlanta and it was spectacular. Just about all of the MST cast were former stand up comics, so its only appropriate.
Maybe to compete with Hometheater Magazine, Audioholics will pick up Joel to provide pointless commentary....
... but then theres that whole self respect thing that they both have!