I'm a fan of buddy cop films, Will Ferrell, and the Funky Bunch, so it's as if The Other Guys sprung from my dreams. It's not surprising that the movie is funny, considering the guys who made it. What is funny is that it's a better action film than many of the movies it's satirizing.
Ferrell and Mark Wahlberg play desk jockey partners who are suddenly thrust back out onto the streets to catch a corrupt businessman. The story here is less important than the dynamic between these two guys. Wahlberg's edgy, hotheaded wannabe street cop is pushed by Ferrell's nerdy simpleton. When Ferrell does finally go off, they are punctuations, not sustained craziness as in several of his past films. This allows these two to play off of each other, so that there is no straight guy, and both men get to shine at different parts of the film.
Besides the dynamic between these two, you have a great supporting cast, which includes Eva Mendes as Ferrell's wife and Michael Keaton as a police captain. And the action. McKay plays the action straight, so the chases are filmed like chases and the gun fights like gun fights, not as the jokes that they can normally become in films like this. These give the film a sense of reality that makes it a lot more emotionally involving than you would expect. So, this weekend, forget the other guys, and go see The Other Guys.