Walter Day and Steve Wiebe in The King of Kong: A Fistful of QuartersTHE KING OF KONG: A FISTFUL OF QUARTERS

Well before Seth Gordon's documentary The King of Kong: A Fistful of Quarters was released (in other markets) six weeks ago, the director/editor had also been tapped by New Line Cinema to remake it as a more traditionally crowd-pleasing Hollywood narrative. Having now seen Gordon's hugely enjoyable doc, I can barely fathom a more redundant film concept.

The King of Kong, which chronicles a tense yet mostly theoretical rivalry between Donkey Kong champions Billy Mitchell (the long-reigning, arrogant one) and Steve Weibe (the long-suffering, sensitive one), is less a triumph-of-the-underdog story than a will-he-or-won't-he-triumph?-of-the-underdog story, and it's a fantastic amount of fun. The video-game masters - and a hysterical series of gaming gurus, moles, and sycophants - are fascinating, engaging figures, and the film features more than a dozen scenes of magnificent comedic turmoil. (I particularly relished the first time we see Mitchell and Weibe in the same frame - a tense, giddily unbearable moment.) By its climax, this documentary has practically turned into a comedy thriller; watching it, you're happily itchy to see how its true story will end.

It's a sensationally effective movie. It's also a blatantly manipulative one; Gordon never deviates from his plot-goosing Billy-is-the-devil, Steve-is-an-angel assertion, and stacks the deck way too heavily in Steve's favor. (As the film nears its climax, nearly everything Mitchell says and does is designed to make you hiss.) Yet the reason the manipulation isn't offensive is that it's used in the service of comedy that, surprisingly, doesn't feel mean-spirited - even Mitchell doesn't come off all that bad in it - and although The King of Kong's construction often indicates otherwise, the director is alert to his subjects' natural good humor, and elicits honest laughs just by letting the camera linger on his interviewees a little longer than you'd expect. Those addressing the camera, as with the characters on TV's The Office, elicit good-natured laughs merely by being themselves.

It's easy to imagine a Hollywood remake of the movie being amusing, and even touching. But The King of Kong, as is, is just as entertaining, gripping, and, yes, crowd-pleasing - in that good way - as the best of big-screen blockbusters. (The audience I was in applauded at the end.) Instead of spending money on what is almost predestined to be a typically bloated, multi-million-dollar Hollywood comedy, I'm guessing that New Line could have saved a bunch of dough - and reaped a considerable profit - just by giving this version a wider release and a decent advertising budget.

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