One should take MP seriously, and when they name their creation that way, it's for a reason, as they indicate with self humor in the accompanied booklet: "The idea of THE FINAL RIP OFF album came from the group's accountant following suggestions made to him by Her Majesty's Customs and Excise."
This release marks MP's move to Virgin Records, and with no new stuff available at the time, that was probably the best way to celebrate the occasion. This 2-CD compilation contains no new sketches, but there are lots of good ones here, and usually good versions (Including live performances). Some excerpts from Holy Grail are also here, such as the hilarious Constitutional Peasant.
Regarding weaker versions, it's amazing to hear the pale execution (pun intended) of The Argument Clinic sketch, that appears here in a studio recording version. Same text, same actors, and still sounds so lifeless compared to better known versions.
The pre-Python Bookshop sketch is also here in a good studio version, With Cleese as the seller and Graham Chapman as the buyer.
There's a very poor and disappointing "booklet" inside that contains a mere copy of the CD's front and back covers on one side and a humorous "A Sociologist Writes" on the other side. The font is microscopic and the only way to read it is have it enlarged in some way, but you won't miss much if you don't bother. No information regrading the versions of the tracks is available, so either you know it or dig it...
Overall this is an extensive and well representing, if not essential, album.