I saw this with the neighbors kids in the summer of 79 at the theatre, and thought what an odd film it was. Essentially Dom Deluise and Jerry Reed reprise their Smokey and the Bandit chemistry to organize an urban fence for a police sting.
As a kid I simply didn't understand too much of the plot, but thought it was entertaining in a sort of silly-adults acting silly sort of way. It's also got a kind of happy yet "justice is served" ending for what it's worth, making all feel happy at the end.
Kind of an odd film that deals with law enforcement, stolen goods and the "human" side of crime (if you can call it that). I'm not sure it's a film I'd see again, but I didn't mind seeing it the first time, and I think I caught it a couple more times on HBO a couple years later.
Give it a shot.