Not the best Chu Yuan I've ever seen, but quite fun. The sets and costumes are great - the acting is fine but nobody is outstanding. Personal favorite - the Centipeded leader and his excellent metal centipede shield weapon.
Basic Plot - Lo Lieh, a member of the 5 Venom Clan plots to regain their powerful ancient artifact, the 5 Venom Spider (a tarantula that emits elephant roars, and a sound approximating the noise that every Bond villain's lair makes when the self-destruct switch is activated). Assorted heroes and renegade Venom Clan members must work together against Lo Lieh and several 3's Company-esque misunderstandings.
Not as good as Chu Yuan's masterpieces starring Ti Lung, but worth a watch.