This movie must not have aged well

Just saw this for the first time recently and I must say I actually found it kinda laughable, which is sad because all this time I heard it was a gritty and realistic portrayal of the Blood/Crips gangs back in the 80s which I was aware of growing up. But there's really nothing very interesting that happens in this movie and nothing that makes this stand out from other gang films, other than the whole color code thing.

We never see any real rivalry between the Bloods and Crips. The Crips did one drive-by on the Bloods and another one at the victim's funeral and...that's it. No retaliation from the Bloods. No other confrontations between either side. You never get the sense of a war going on between the two. The only gang fight we see is between the Crips and the Hispanic gang which was more cheesy than suspenseful, especially the scene where Don Cheadle and the other guy are both kneeling and pointing uzis at each other. These gang members don't seem to do anything else except sit around and get high.

This film feels very dated and has almost like a B-movie quality to it. Many of the characters act stupid or comical. When we're introduced to Penn's character he acts like the biggest d0uche ever. And I thought Damon Wayans was doing a parody of a gangbanger.

Maybe it didn't age well or maybe the 80s didn't age well. All I can say after seeing this is, what was the big deal?