Yes it does...
I bought this expecting it not to be that good to be honest as it was a late 3rd edition, but i was pleasantly surprised at how good it was, it has a solid plot, brilliant story line and it continues nicely from the last one.
There were funny new characters as well as old ones.
It takes a lot to make me laugh out loud but this film achieved that multiple times.
If you are wondering if it worth a buy it definitely is, if you liked the other two your going to love this.