Now THAT'S National Lampoon Funny!
Blame Bush! and ScrappleFace are two of the best satirists on the internet, a medium that while gaining hasn't acheived parity with what print has to offer.
Then there's Jay Pinkerton, a Managing Editor of the on-line National Lampoon. His personal site has grown into a monster and it's really worth a look.
The last 2 articles are pure genius. Titled Dead Students Society: Teenagers Are Retarded, you can easily visualize events as they unfold.
Then you have to see his Superman Origin Comics:
After that there's the instantly classic Superman Is A Dick collection of real comic book covers:
Around 1980 I traded X-Men #94 (New X-Men) for the first National Lampoon. It, and 100 or so other issues, sit in a basement 3,000 miles away.