I didn't think it was too bad. The strange thing was that all dialog seemed to take a halt when they arrived at Skull Island. The best part is when Kong kicked ass against the Tyrannos. They should've renamed it: "Kong: Dinosaur Killer". Screw Turok.
Also hilarous was the penis innuendo they had going when Jack Black's character had Kong captive at the theatre, and on the sign it said "Carl Denham's Giant Monster", and on the side of it "The Beast". It topped it off when Jack Black said "Yes. I am touching the beast. Don't be alarmed." and "Watch out for this 25' long monster". I found it pretty funny. You had to be there.