I saw this movie a while ago, and immediately went out a bought it. On the surface, it's a ridiculous movie with completely despicable, stereotypical characters who have predictable paradigm shifts and change their ways. And okay, that's kinda what it is. But it's FUNNY!!!
This movies is full of not-so-subtle subtleties, a very tongue-in-cheek kind of humor. Another post compared it to Drop Dead Gorgeous, and I definitely agree. It constantly makes fun of itself, which makes the parts of it which could otherwise be offensive hilarious.
The movie plays off of maxims about the French, Texans, jocks, nerds, etc. Much in the same was as Not Another Teen Movie, but much smarter. It could be taken offensively, but it is really SO outrageous that it's hilarious instead of hateful.
Some highlights (though you really must watch the movie to understand the context and appreciate the humor): the Beef Pageant, "Mmmmmm, A1.", calling "Genevieve" "Jen-of-eve", "Oh, I like Dick!", "He brought me the mustard!!!!!"...oh, so many more.
A flaw in the movie, for me, was that I never really liked Ed, the sensitive, loner, non-jock guy. He was cute, sure, but I always kinda felt like he was sleazy and was gonna turn bad or something. Anyone else feel this way? Maybe it's just me...
Some people will definitely hate this movie, but overall I loved it. If you haven't seen it, and enjoy the farcical style of Drop Dead Gorgeous, you will probably enjoy this movie.