Since you asked for opinions, I'll go ahead and give you mine.
From a technical standpoint, it contained extremely poor camera work combined with pointless editing which made it rather tiring to watch. The audio was OK considering the various locations ... in fact, the audio was about the only thing done semi-acceptable.
From a content standpoint; what was the point? Trying to show how people with too much time on their hands can produce utter stupidity? If so, you succeeded. But I have a feeling that wasn't your intention. <Sigh> That's the problem with cheap, readily available technology and a bunch of kids with no purpose in their lives; you get totally useless stuff like this. What a waste; not just a waste of 10 minutes of my life for being stupid enough to watch the whole thing, but of all those involved in the production. Totally and utterly pointless. And you're proud of this?
-DH
ps: where was the variety in this so-called variety show?