This movie does an excellent job at pointing out both the naivete of Hollywood, and how uncomfortable we are towards the HS community (and in a way, it pokes fun at all of us). I'm not really a fan of the awkward comedy that Sacha Baron Cohen embraces, but the first half of the movie didn't have as much of that more as it simply had a non-stop barrage of outlandishly funny moments. The second half was a lot more like Borat and didn't hold up as well, but it was still really good.
Warning: if you are uncomfortable with male junk or skimpy HS men in speedos, you should sit this one out.