Rob Ager's analysis on youtube made me re-watch this. It is really quite perfect - and not a single Academy Award nomination...goes to show. Loosely based on the LA private eye genre - the Coen's create a 'State of the Nation' character portrait of America. It's funny, intelligent, surreal and spiritual. Watch it as a double bill with Paul Thomas Anderson's 'Inherent Vice'.
One of the handful of comedies that doesn't sacrifice a storyline for humor. This movie is filled with nonsensical humor and one-liners that make it one of the more memorable stoner comedies, leaving those that followed in its footsteps to pale in comparison to the original. 9/10
2.5 to 3. Features spectacular techniques, both visually and narratively, that work towards an end that isn't an end. The movie grinningly guts any and every opportunity for narrative weight; it's absurd with a capital 'A'. That's the point, but it still doesn't really leave an impact.