Sigh, I'm disappointed that someone was banned over this. I understand that you want constructive criticism and all that, but let's put things into perspective. When something is good, it's ok to just cheer and say that was great, good job. When something is terrible, it should be equally acceptable to just call it for what it is, terrible. Especially when there's no grey area, there's 15 comments and not one person liked it (flip a coin 15 times and tell me how many tries it takes to have all 15 land tails).
The production values are, well they don't exist. As was said before this seems to be shot on a hand cam with no lighting. They didn't seem to bother with multiple takes. The video wasn't particularly funny, with the slight exception of the clown suit sneak, but even that got a smirk at best. As for the guy working out as an intimidating character I had a difficult time buying it. I understand if you have no budget it might be difficult to acquire good actors, but seriously casting that 90 lb stick as a tough guy? I think there was maybe 50 lbs on that bench and he was straining to curl like 15 lbs...
If this makes it to two installments I'll probably watch the second anyway, though I probably shouldn't. I'd say try to fix it, but the best approach might be to scrap it and start over.
And by the way, having played the hitman games does not make this any more funny, so don't feel like you've been left out of the loop.