I watched it again. It's filled with so much quotable quotes and wonderful scenes that you forget some of them. This is one of the scenes which I loved the extended nature of the joke:
I caught up with the last third of the movie. It always makes me so sad -- even if I kinda understand most of what's happening (with the last part), which I didn't when I first watched it years ago. Anyway, Jude Law and Haley Joel Osment are spectacular in this -- and it makes me laugh that Seth MacFarlane must have gotten inspiration for 'Ted' from this.