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The unscripted, off-the-cuff joshing between Ferrell and co-stars Paul Rudd, Steve Carell and David Koechner this time fails to come up with enough good jokes, though they do hit the occasional satirical bull's eye.
For better or worse, Anchorman 2 is in its full glory when Ferrell goes off the rails and the film follows him into the swirl of blatantly idiotic randomness.
It all leads to a final showdown, after some ridiculous twists and turns, which is as hilarious as it is star-studded. It's almost worth the two hours just to see who turns up.