If Ferris Bueller’s Day Off got really drunk and fell into bed with Less Than Zero, their fetal-alcohol-syndrome-afflicted offspring might be Take Me Home Tonight, a movie that aims to be to the 80s what Dazed and Confused was to the 70s. And after all, it’s high time: Michael Douglas has already revisited Wall Street.

Take Me Home Tonight takes place in LA and Beverly Hills and hits all the era’s tags—RayBans, pastel popped-collar polos, pushed-up jacket sleeves, Preppie bow ties vs. New Wave skinny ties, frizzbomb perms for girls and spiked mullets or Gordon Gecko mousse-backs for guys, video stores, red sports cars, cocaine, wild house parties, evil bankers, and, of course, a sinister and sexually perverted fat German businessman in shoulder-padded black leather. Wouldn’t be an 80s movie without one of those.

The story, one of those “guy grows up in the course of one wild and crazy night” deals, hits all the plot buttons too. Our too-straight hero manages to finally bust loose and somehow to fulfill both his parents’ expectations and the anarchic instincts of the loser sociopathic guy who’s inexplicably his best friend. It goes without saying that he gets the girl too.

There are fibs and other deceptions, grand theft auto, cocaine abuse, dance-offs, police encounters, light sadomasochism, youthful irresponsibility and more. It’s all pretty silly and not to be taken seriously. There are absolutely no consequences for stealing the expensive sports car, bankers are prima facie arrogant and evil, and the moment of  moral triumph comes when Tori decides to quit her banking job, because, of course, she hates it. Believe me, I’m no fan of the banking industry (see last paragraphs), but most of these ideas are simply juvenile.

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Paul Rudd and Zach Galifianakis may be the new comedy duo, since they’re following up the upcoming Dinner for Schmucks, with the newly announced film Will, written by Demetri Martin (the lead in Taking Woodstock and Comedy Central show Important Things With Demetri Martin). The Hollywood Reporter reports that the actors have signed on with Valerie Faris and Jonathan Dayton directing, the people behind Little Miss Sunshine.

The movie is set in a world where people’s lives are written out by heavenly scribes. Rudd’s character one day wakes up to find that his scribe (played by Galifianakis) has stopped writing his life. So Rudd’s character has to work his way through the story without any guidance and “ending up on a journey to fulfill his hidden potential.”

Paul Rudd, of course has been around and starred in great comedies from Clueless to The 40 Year Old Virgin and last year’s I Love You, Man. Galifianakis really popped onto the mainstream radar last year with The Hangover, and has landed a number of roles including Youth in Revolt; Up in the Air; the Robert Downey, Jr. comedy, Due Date; and the planned The Hangover 2.