If you hadn't already figured it out, this is a riff on Watchmen. Seems fitting, actually. This series of comics started as a parody of The Fly, so using it to riff on other Sci Fi-ish media seems right.
As for the Watchmen, the movie wasn't terrible, and I didn't dislike it any more than I disliked the comics. I never really enjoyed the comics (I know, which puts me in the minority), and so it's not as if I had much to be idsappointed by when the movie came out. It was a commendable effort to take a story not designed for the big screen and do it, as close to the source material as possible, on the big screen.
Inherently it was destined to be flawed. It wasn't unwatchable and there were some good performances. I can't say I had fun watching it as, for the most part, it's not a comic designed to illicit "fun".
 
    

When evil spreads across the land, and darkness rises and the monsters roam. When the creatures of the night make beautiful music, and the things that go bump in the night go bump with greater enthusiasm. When the world is in peril and is in need of a hero...

These guys are, sadly, the best the world can hope for. These are the adventures of the heroes of CVRPG. They mean well, they try hard, and occasionally they do the impossible...

They actually do something heroic.