According to the website:

"It's finally HERE! The final and last re-make of "The Wacky Duo On Vacation!" We added a LOT more "action, special audio and sound effects, as well as included a few scenes that were not part of the first comedy video. Faster paced and more action packed, and MORE, to present the comedy to it's MAXIMUM jockularity! The NEW remake is funnier then ever!
We test ran the new "comedy" remake by giving out FREE copies to various children and young teens, and Adults to get their reactions. Over all results were a SUPER positive thumbs up! I just gotta add this! The whole family is going to love the NEW remake of "Billy And Bobby The Wacky Duo On Vacation!"

MAXIMUM jockularity.

Let’s just take a minute and soak that up.

This film stars Bill Byrge, a minor character from Jim Varney's 'Ernest blank blank' films. You get to see him in a bathtub. The film also stars its writer, director, and producer - Jim Varney's most crazed fan - a pompadour/mullet moustachioed man known as 'Billy Dee' (sometimes Reverend Billy Dee). Maybe Bill Byrge and Billy Dee both wrote, produced, and directed this film. I don’t know, I don’t want to spend $17.49 to find out what the title credits are.

This peculiar artefact never saw a wide release - the main site states, and I quote, "Hundreds of copies sold! Funny flick!" right below "New! Funnier Edition!" It was produced by Billy Dee's 'American Moral Films Productions' which may or may not technically exist.

From what I can tell, BABTWDOV is to comedy what Birdemic is to suspense.

Main Movie Website: http://jimvarney.org/billybobbymovie.html
Preview: https://www.youtube.com/watch?v=Im2TBfm49TQ

‘Ernest Flavor’ and director bio: http://jimvarney.org/billydeeintro.html

Another, apparently older, web page that exaggerates the film: http://www.jimvarney.org/newmovie.html