This is a good compilation with a lot of great commercial parodies. Some of my favourites are the Bassomatic, Bad Idea Jeans, Colon Blow and Robot Insurance.
But it's too heavy on the newer skits. I'd say at least half of them come from 1995 and newer, when the show started to turn. The Jessica Simpson "Tuna of the Dirt" is funny at first, but goes on way too long and becomes very tedious. There were however some great newer ones I'd never seen like Mom Jeans, Gaystrogen and Eych.
What makes this worse is that way too many classics are missing. There's no Yard-a-Pult (one of my favourites), Crystal Gravy, Swill, Quarry, or Schmitt's Gay Beer. You'll get no Adobe (the first car to break the $200 barrier!), Chameleon, Shimmer, or Hell (the beer commercial with Anthony Michael Hall). It's also missing Wilson Trap Doors, the anti-bacterial meat product, and the home headache test.
Worst of all are the short skits with Will Farrell. At first they're not a big deal, but they become annoying by the end.
All in all, they did a fair job, but I think a second volume with more classics should be made.