Isn't that essentially the exact same joke Hackmaster makes?
I'm another fan of Hackmaster's style, so if what you say is true then Munchkin should also appeal to me. An extremely superficial examination of Munchkin (i.e. looking at the 4 cards on the website) seems to reveal quite a different style of parody than Hackmaster, and one which at first blush I have little interest in.
Hackmaster has a knowing reverence for it's sources and D&D absurdity in general, so while it unashamedly parodies D&D and it's players it also respects them, and doesn't bag out D&D or the people who play it overtly. Can the same be said for Munchkin? The name of the game itself suggests otherwise.

I think there are further hints as to different focus in that Munchkin is a beer-n-pretzels game, whereas Hackmaster is designed for long term campaign play. To me, the name "Hackmaster" suggests revelling in D&D cliche, whereas "Munchkin" suggests something else altogether.
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