The Wave/YMMV

Crowning Moment of Awesome: The Reveal of the program's true nature. In every adaption. Even the German one, despite it being the lead-up to a Downer Ending.
High Octane Nightmare Fuel: Just think about it... it could have happened to you if you wouldn't have read this. On the other hand, it still could...
Ho Yay: Robert volunteering to be Mr. Ross's bodyguard.
Some Anvils Need to Be Dropped: Fascism can arise anywhere, even in places that think they're immune to it. Never say "it can't happen here," because it can, and if you don't remain vigilant, it will.
The Woobie: Robert is rejected by all his peers, and the Wave is the only place where he can find acceptance and a sense of purpose. He doesn't take it well when he finds out that the whole thing was a Hitler Youth experiment, implying to him that the only thing he's good for is to become a fascist thug. (His Real Life counterpart got better, though.)