Loaded Weapon 1/YMMV

"Leacher: Look to a man with whom you were involved. [Colt reminisces holding hands with a biker and skipping on a beach] Leacher: No, not him. It was in Vietnam. [Colt reminisces holding hands with a Vietnamese man and skipping on a beach] Leacher: No, you disappoint me, Mr. Colt. It was Mortars. General Mortars. [Colt starts to reminisce, then looks disgusted] Colt: Wait a minute! I never- Leacher: I didn't mean that kind of involvement."
 * Big Lipped Alligator Moment: Popeye being mugged on the docks. It comes out of nowhere, has no relevance to the plot, and is never mentioned again.
 * Hilarious in Hindsight: Frank McRae plays Da Chief in this film. The same year, he played the same role in another parody, Last Action Hero.
 * Ho Yay: During the Silence of the Lambs parody:


 * Retroactive Recognition: Denise Richards appears as an extra in one scene.