National Lampoon Presents Lost Reality is a collection of bogus reality show ideas that are so ridiculously offensive that they would never have a prayer of even making it into a network pitch meeting.

Of course, that's also what makes them so entertaining.

Clips like "Amazing Racist," "Scare Me," "Midget Wars" and "Dumpster Dinners" will certainly get plenty of laughs at the local fraternity.

Porn stars make appearances in clips like "Project Redlight" and "Swing House."