GAME: Super Smash Bros. Melee (GCN)
COM vs. COM vs. COM vs. COM (AI setting: 9)
"The Ring of Saturn"
Item Switch: Mr. Saturn only [VERY HIGH]
The most comical item in the game (in my opinion) is actually a real living thing. Mr. Saturn is a great projectile that makes a weird grunt when it hits a target causing very minimal damage. Turn up its availability in the Item Switch menu and you've got yourself a Saturn fiesta.