I just saw this last night, played back on my DVR from the airing on Comedy Central this past Sunday. I came away feeling that Futurama works best as a 22-minute show, rather than a 90-ish minute show.
I agree that too much of the humor value derived from references to first-run Futurama episodes: seeing Barbados Slim, the Harlem Globetrotters, the Evil Santa Robot, the Hypnotoad, Fry’s ex-girlfriend, etc., all got me to laugh mainly because of remembrance of episodes past and not because of the gag or plotline they were actually a part of. And on the sentimental side, seeing Fry playing basketball with his brother (with his four-leaf clover) and patting his dog outside the pizza shop.
The initial joke about F – no, (B)OX – executives getting fired and ultimately made into “Torgo’s Executive Powder” was pretty funny the first time, but the continuing recurrence of the stuff felt increasingly heavy-handed. And I found the musical numbers terrible, beyond campy-funny to actually grating.
Also surprising was the lack of a reset at the end. For example, now everybody knows “the truth” about Nibbler, even if for most of the episode they just ignore him completely, aside from Leela’s initial exclamation “You can talk?!”. It was rather more dodgy than I expect from a show like Futurama. Though I guess a way out would be to say that since the segment ends with Bender destroying the Universe with a time paradox, the whole storyline was an “alternate reality” split with an unhappy (for them) ending. (Stop me before I totally geek out here, if it’s not too late.)
All that said, I did get a couple of classic Futurama LOL moments, such as the sudden gruesome deaths of various time-travel duplicates, or when Zoidberg demonstrated how one could get “even more naked” at the nude beach by shedding his exoskeleton. Ewwww.