After the comedy-light Talledega... and the frankly pretty awful Semi-Pro, it's good to report that Ferrell seems to have got some of his mojo back.
As with most films of this type the plot is pretty unimportant, and is an excuse for Ferrell and Reilly to act like big kids in a series of pretty funny set-pieces.
There are still too many lulls, but at least when it gets going there are some big laughs to be found. As demonstrated in Walk Hard, Reilly is able to pull this kind of material off - but this still fails to hit the heights of Anchorman, perhaps because it's set in the mundane present rather than the wacky nostalgic 70s of so many films of this type.
However, when the two leads are on screen this is every bit as good as their previous output. Let's hope they make another film that improves on this as much as this improves on Talledega... - and then we might finally have something to rival Anchorman