This was even better than I remembered. Opening with the harry nilson classic "you're breaking my heart" this son of animal house never lets up with the gags and nudity for 90 minutes of pure goofball euphoria. Phoebe Cates was the Jessica Alba of 30 years ago and looks amazing, if I had one criticism of this movie it's that there wasn't more of her (and less of the comic relief roomate). In her defense she was probably too busy singing a couple of the soundtracks lousy mid tempo rock numbers. If you are down in the dumps this will definately put a smile on your face.
and of course, the icing on the cake: the amazing Betsey Russell
http://www.youtube.com/watch?v=t7iAcQPPziU
Phoebe Cates and Betsy Russell were two of the most beautiful 80s actresses, and here they're in a movie where the entire plot is "is it time to get naked again?" Man, Lester, you mean there were gags? I can't remember anything about this besides the nudity!