For five years now, Nick Prueher ("The Late Show with David Letterman," "The Colbert Report") and Joe Pickett ("The Onion") have been traveling around showing off their ever-expanding collection of unearthed video diamonds in the rough. Actually, for these two, it's more like the diamonds are the rough.

For five years now, Nick Prueher ("The Late Show with David Letterman," "The Colbert Report") and Joe Pickett ("The Onion") have been traveling around showing off their ever-expanding collection of unearthed video diamonds in the rough. Actually, for these two, it's more like the diamonds are the rough.

The Found Footage Festival compiles home movies, PSAs, documentaries, instructional films and more. Judging from the many clips posted at foundfootagefest.com, most of the material is lighthearted and laughable, a winking nod that appreciates, not eviscerates, the recent past.