Found on my computer prt 2 - Movie 17

So, this relic makes the extravagant claim of being the 17th movie. I consider this highly unlikely, as movies were not in colour until they had made hundreds of them. Be that as it may, it certainly seems to be quite entertaining. My challenge to you, dear reader, is to determine what this numerically nomenclatured film is actually about. Feel free to use your wits, imagination, or sheer gumption, follow your heart, spleen, or middle toe. But be warned - it may not actually be a movie at all . . .