I love fake Beatles records. The only one I've turned up so far is Beattle Mash by The Liverpool Kids but we used to get some of the others in at the store I used to work at, and they're all pretty special.
The foreign language versions of Beatles songs that the real Beatles released for international markets are pretty spectacular, too.
The Liverpool Kids/Liverpool Lads/whatever (the band and album have at least three different names depending on what part of the packaging you're reading) is so phoned in that they didn't even make it; it's some middle of the road surf band's record plus a couple of Beatles ripoffs added after the fact with photos of some guys in their mid 30s wearing Beatles haircuts on the cover.
The vast majority of fake Beatles albums I'm aware of are like that, the ones where they actually had a real band record a new album are the exception.