(DON'T READ IF YOU HAVEN'T SEEN THE EPISODE YET AND DON'T WANT IT SPOILED)
In my hopefully humble opinion, I thought tonight's episode was an illustration of the best definition of average one can find outside a dictionary (not really a slam, mind you, just a rating).
There were as many laughs as there were non-laughs; I cannot scale its grade any higher. What I thought worked most against it in terms of receiving its C rating was the acting: I don't think there was much zest, zeal to it; it was kind of bland. And there were a couple of missed opportunities (an expansion of the Elaine seducing Newman concept would have been hilarious).
But there were definitely some funny moments. George on the massaging chair: great slapstick. Puddy walking in with a fur coat along with his trademark arrogant nonchalance: priceless. And the butguster (even though we cold see it coming ten light years away): the violent explosion of George's bloated mutant wallet (you know, another thing about that scene: I don't know why, but I think the whole concept of George being even remotely interested in guitar lessons is pretty humorous).
Still though, I think this is one of those episodes which is rather unremarkable when all is said and done. It will be lost in the land of syndication, specifically, in the province where all the episodes that cause us to turn the UHF dial to another piece of syndicated fare reside. Surprised the first two in this thread liked it (not that there's anythng wrong with that!).