Watched it the day it came out. This movie basically defines my entire life. One of the highlights of the movie is that the majority of the jokes aren't just coming from Will Ferrell, but rather an entire slew of characters. I don't think there was ever a five minute period in this movie where I didn't laugh. And thats saying something, since I don't laugh often.
<spoiler> During the part where Susan gives Ricky Bobby a heartfelt speech, me and my friends started clapping, and soon got the whole(packed) auditorium to start clapping. It was amazing.</spoiler>