That quote was borrowed from Arthur O’Shaughnessy’s “Ode.” Two other quotes from the film:
“Where is fancy bred, in the heart or in the head?”
“So shines a good deed in a weary world.”
are from Shakespeare’s “Merchant of Venice.”
Thank you IMDB.
Tim
“My hovercraft is full of eels.”
I just watched Planes, Trains, and Automobiles last night and realized that one quote I use comes from that movie (obviously, I use it whenever anyone describes me as “unique”): “What’s ‘unique’? Latin for ‘asshole’?”
My sister uses another line from that movie, obviously whenever anyone takes something of hers without asking: “You STOLE it! He STOLE it!” Of course this is accompanied by much finger pointing and arm waving.
And, in an uncomfortable situation: “How about those Bears?” “Hell of a game, hell of a game!”
Lots of fun lines from that movie 
“I hope life isn’t a big joke, because I don’t get it,” Jack Handy
And whenever one of my co-workers gets made and lets out an impassioned, “Dammit!”, I’m usually quick to add, “Janet!”
“I hope life isn’t a big joke, because I don’t get it,” Jack Handy
When someone is ranting at me I return with the line the Washington bureaucrat used when Bugs Bunny was bawling him out: “STOP STEAMING UP MY GLASSES!”
Whenever I’m being introduced to someone I’ll never have to talk to again I borrow this Elmer Fudd line: “Elmer J. Fudd, millionaire. I own a mansion and a yacht.”
Here are some quotes I use all of the time, can you tell I’m a movie junkie. Most of these have been mentioned already, but there are some new ones too.
“It’s got raisins in it, You like raisins.”
Better Off Dead-one of the best movies ever made-IMHO
Used when someone asks what is in something.
“Laugh it up furball!”
I really don’t think I need to tell any of you where this one is from
Whenever anyone laughs at you, not with you.
“Here’s something for the ole sweettooth sunny!”
The 'Burbs-only the greatest movie ever made-IMHO
Used whenever I give anything to my brother, who also LOVES this flick.
“'Bout a 10 on the tension scale there Reub!”
The 'Burbs
Used whenever anyone gets a little too tense
“Tempting…but no”
Willow
Whenever I’m offered anything I wouldn’t possibly ever want or use.
“Run away, run away!”
Monte Python’s Holy Grail
Whenever I come across a situation I don’t want to deal with.
“I was born a poor, black man.”
The Jerk
When I am asked to tell a little bit about myself, at stupid mixers and parties, at intro time.
“I’m not even supposed to be here today!”
Clerks
Anytime I feel like is applicable.
“Bunch of savages in this town!”
Clerks
Use this one constantly at work.
“No time for love Dr. Jones”
Indiana Jones and also Clerks-both are great movies.IMHO
I use this when somone is clearly trying to be rude and piss me off.
That’s about all I can think of for now!
Yessir! That was what I was thinking of.
Amazing that just about any fact is known by someone here.
Yes, that movie is extremely quotable.
“Don’t attempt anything without the gloves”
And the spiel by the dealer about hair being cosmic antennae was great…
“That was falling … with STYLE!” - Toy Story
“Sorry about your mom blowing up, Ricky.” - Better off Dead
“Somebody get me a BUCKET!” - Meaning of Life
“You DICK!” - Fast times at Ridgemont High (Spicoli, I think)
“Into the mud, ScumQueen!” - The Man with Two Brains
This one (from 48 hours) requires two people who know the lines:
“Jack, tell me a bedtime story.”
“F*** off.”
“Oh, that’s my favorite one.”
Well, duh, I forget my favorite one. From Midnight Run, Robert Deniro to Charles Grodin:
“Yeah, so here’s two words for you: *shut the fuck up![/]”
“This was no BOATING ACCIDENT!” -Richard Dreyfus in ‘Jaws’.
Nitpicking:
I believe it’s “It’s a mere flesh wound” in a heavy brit accent.
Homer: But Marge everytime I learn something new it pushes something old out of my brain. Remember that time I took that home wine making class? …and I forgot how to drive?
Marge: Homer, you were drunk!
Homer: And how!
“Eeeeexxcelent”, tapping finger tips and speaking in a dasterdly tone, ala Mr Burns.
Vincent Vega in Pulp fiction: “Don’t be rude, drink your drink, but do it quickly.” Anytime the situation gets a bit tense.
“My mom and dad are gonna be really mad” ala Matthew Lillards character in Scream, spoken as he’s bleeding to death after a killing spree.
“I’m not a smart man, but i know what _____ is” ala Forrest Gump.
“So I sucked a few dicks…
A few?” Clerks.
“I’m leaving!
Don’t suck any dicks on the way out!” Clerks
The facts expressed here belong to everybody, the opinions to me. The distinction is
yours to draw…
Omniscient; BAG
Oh, yeah, now I remember. Still The Holy Grail was released in 1975, so credit for “It’s only a flesh wound,” still goes to The Producers (1968).
BTW, we’re all friends here. You can call me Greg!
From Goodfellas: “Wuh, uh, Spider, Spider…” when someone is umming and ahhing and not getting to the point.
From Holy Grail: “It’s not a question of where 'e grips it!” when someone has a cockeyed plan that they insist will work if you just do it their way.
From Planes, Trains and Automobiles: “What do you think the temperature is?”
(ruminative pause) “One?”
From Apocalypse Now: “Don’t get off the boat. Don’t get off the fuckin’ boat!” when someone has to drive through a bad part of town.
From True Romance: “Wanna see Spiderman number one?” when it’s crunch time on a first date.
Remember, I’m pulling for you; we’re all in this together.
—Red Green
“My cat can eat a whooooole watermelon!”
-Reubin and Ed (whenever anyone asks me to tell them something no one knows about me)
“I am the King of the Echo People”
-Reubin and Ed (When people ask what i do for a living)
“He was a good cat”
-Reubin and Ed (whenever someone asks what kind of animal something was)
“I better go get him or he’ll get bitten by an irradiated scorpion and fall down an abandoned mine shaft”
“You know the difference between you and a rich man? He has money and you don’t!”
-Reubin and Ed (Whenever someone asks me an obvios question).
To deal with men by force is as impractical as to deal with nature by persuasion.
“And two hard-boiled eggs.” From the stateroom sceene of “A Night At the Opera”. Used whenever someone lists a whole bunch of things.
“Janet! Brad! Rocky! Ungh!” Rocky Horror - used whenever more than two people are listed off.
“1 - 2 - 5!”
“Three, Sir!”
“Three!” - Holy Grail
“She’s got HUGE … tracts of lands!” - ibid. Situation obvious.
“It isn’t pollution that’s harming the environment. It’s the impurities in our air and water that are doing it.”
Dan Quayle
From “Ghostbusters 2” (in bad Czech accent):
“Everything you’re doing is bad. I want you to know this.”
From “The Producers” (in bad German accent):
“Zis is not working. I am not killing you.”
From “Repo Man”:
“No Commies in my car. And no Christians, neither!”
“Plate…shrimp…plate of shrimp”
“Everybody could stand 50 chest x-rays a year. They oughta have 'em too.”
“A friend will help you move house. A best friend will help you move a body.”–Alexi Sayle
This is my favourite example of comedic irony in the whole world. It gets me every time! I sometimes wonder how many people really get it.
" He must have called the umpire a cocksucker." Bull Durham. (Whenever I see a player get thrown out of a game.)
" I’ve got the lucky ticket." Willie Wonka
(Whenever I buy a lottery ticket.)
“He ate the left side of the menu…” Diner.
Whenever a friend eats too much.
“Just say the words, Modell, I want your sandwich.” Diner. When someone keeps beating around the bush and won’t ask a direct question of " Can I have some of your sandwich…"
“Whatja do , wake up today and say " Today I’m gonna ruin some man’s life?”
Romancing the Stone. (Whenever things are not going my way.)
My favorite line in MST is when a very young Clint Eastwood has a walk thru part in a laboratory scene. All of five or six seconds on screen. One of the MST crew cracks something like, " He’ll never make it in this town. You punk."
WE are all pilgrims on the same journey - but some pilgrims have better road maps.
How can I forget this one?
“Oh Piss Boy!” from one of Mel Brooks’ movies. (Whenever I need to get the attention of a friend)
Good movies to quote from:
Evil Dead 2
Army of Darkness
From one of my favorite guy movies, “Hombre” ;
“Mister, you got a lotta hard bark on you.”
also,
(with a Spanish accent)
“Hey Hombre!
You have put a hole in me!”