Complex sentence: The film is a comically exagerrated exploration of what it is to be a samurai: the characters in the movie either give up samurai status or fight to attain it, and samurai are seen behaving both honorably and very badly.
Split into simpler sentences: The film is a comically exaggerated exploration of what it is to be a samurai. The characters in the movie either give up samurai status or fight to attain it, and samurai are seen behaving both honorably and very badly.