One of my favorites was a previous version of this one:
http://www.youtube.com/watch?v=O8OB7INx8H8
About 10 yrs ago there was a VW commercial where two guys were driving around town and see an old overstuffed chair on the curb for garbage pickup. They pick it up and place it in the back of the car. Slowly the realize that it stinks so they stop at another curbside garbage pile and drop it off. The Navy spirit video was the same thing except they picked up and dropped off a Woop. Here is the VW ad. Imagine the exact same video with a Woop instead of a chair. And a lot more notice of the odor.
http://www.youtube.com/watch?v=5_s5-R_JE4c
My alltime favorite was a spoof on a toy commercial where a kid places his GI Joe on the nightstand. As soon as the kid is asleep, Joe wakes up, rappels down the nightstand, jumps into his 300ZX and goes off chasing girls. The Navy spirit video had Joe (a mid) waking up, rappeling down the side of Bancroft Hall, jumping into his 300ZX and driving straight to WP (actual-a lot of effort) and snaking some Woop's GF (a common theme) and returning to Annapolis.
If anyone can find either of these, they are hilarious and very well done.
USNA started these and showing them on the big screen at the game probably 15 yrs ago. Army tried to follow suit but they sucked. Only in the last few years have they been presentable and I think last year they actually beat USNA. They alone make watching the game live worthwhile.