Ultimately, I think this film only serves as a time capsule for what qualified for popular action in 1972. If I had a parallel for today, one could place something in the Fast and Furious franchise for its equivalent. Not sure we'll ever see any of the FF movies on Criterion. This one shouldn't be on here, anymore than Armageddon or The Rock.
The combination of Hiller, Lemmon, Miller and Jones no doubt is what makes this a Criterion selection. I can't argue with this. As a film, it may not be a classic, but it is worth exploring.