This is the blurb from IMDB
Private Joe Bowers, the definition of "average American", is selected by the Pentagon to be the guinea pig for a top-secret hibernation program. Forgotten, he awakes 500 years in the future. He discovers a society so incredibly dumbed-down that he's easily the most intelligent person alive.
As it hasn't been released in Australia yet, obviously I haven't been able to see the whole film :) but there have been a bunch of clips appearing on YouTube.
This one shows us what Fox News looks like 500 years from now - surprisingly similar I'd say. (Wonder if that's why Fox didn't release this film properly?)
The premise is set up well at the beginning - essentially dumb people have far more kids than smart ones and over time they just dominate the world.
Comment online about this film has been pretty starkly divided with people either loving or hating it. (Interestingly, the people posting comments who hate it always seem to be far less articulate and literate than the fans - you get the feeling that they might have taken offence.)
Anyway, there are a fair few more YouTube clips up at the moment (and I wouldn't be surprised if you couldn't find the movie online as well) so I certainly think it's worth checking out. I mean, what's not to love about a future society where the number 1 tv show is called Ow My Balls. (Which looks surprisingly like a dumbed down JackAss).