Warner Brothers created this film as a showcase of it's stars which isn't a film as such but a musical-comedy revue hosted by Frank Fay. We see top stars of the day like John Barrymore, also performances from Broadway acts and even Rin Tin Tin!
It is a lavish period piece, the comedy often falls a bit flat but the large scake spectacle is very impressive. It is worth watching for the historic value alone, but it is also pretty entertaining at times.