Death Ray 2000
No, not Death RACE, Death RAY. This is the pilot for a 70s TV show called "A Man Called Sloane". For some reason, it made an impression on me almost thirty years ago and, with the miracle of eBay, I finally was able to acquire and watch it. It turns out to be a wonderfully riffable movie. It's got everything: a smug womanizing hero, 70s music, a stupid plot, horrible dialogue, and (or course) a death ray. My wife and I got big laughs from watching it un-riffed.
Here's a clip that I particularly liked. It's a confrontation between the hero and the villian: http://www.youtube.com/watch?v=gqgZgc7pCT8