I'd most likely watch it - the TV series made me laugh - but I'd watch it on DVD rather than at the cinema. I only go to the cinema for movies which really benefit from a big screen because of the cinematography or effects, so unless Friends suddenly has sweeping panoramic landscapes populated by CGId robots, I won't see it at the cinema.
Much as the film was rubbish, coming up on a pill during the first battle scene of The Phantom Menace in a cinema was quite an experience!

