Good watch, might watch again, and can recommend.
It's a little silly, but it's fine for an action comedy. The only weird thing, really was setting on Luna. Having on the its moon instead of on Terra didn't really add a lot to the movie except to facilitate a flimsy backstory and some scenes where people required environmental suits, and that had little payoff.
The benefits of being a sci-fi action comedy is to have laser effects for the blasters, and androids, which are used to various levels of humor.
Eddie Murphy is great, and he plays well with Rosario Dawson, and if nothing else, you have to admit Randy Quaid is funny: the character would have been much different in someone else's hands. I'll have to admit I thought it was Terry O'Quinn ("Lost": John Locke), which made even funnier at the time, but it's a good job done.
Honestly, Eddie Murphy and Rosario Dawson feel a little big for their roles, but the story is good: a former smuggler turns legitimate business owner has to find the mob boss behind the people trying to kill him.
While I do think this is an average movie, it is solid, and I don't think I would go changing a lot to it. I could see a couple versions of a reboot, but in 2020, they'd probably put it in the MCU.