It's old, but it's an Argentinian video, so I don't know exactly how known it is. The video took more than a year to film. Oh, and it's in spanish, buuuut...
Edit: After translating it, I found they did have it with English subsitles. I guess I didn't look hard enough ( )
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Favorite line:

Todos comprenderan que yo soy mas grande conocedor de anime cuando mueras !y ese dia sera hoy!

Everyone will understand that I am the greater connoisseur of anime in their death, AND THE TIME IS NOW!

I think I got it....

The speech was a bit too fast to follow but I understood enough.

End credits were pretty funny too.

I can't believe how intertaining something can be when you can't understand a word being spoken.

I got to give them credit... all the visuals and sound effects were right on the money. And spending a year on it? That's dedication. Ah well, props to them.

For those mildly intereted in what he heck they're saying
Gorge = glasses guy
Hector = non glasses guy

G: Are you ready?
H: Ready.
G: Here it goes. *puts phone on computer speaker* So, what is it?
H: Chapter 8, fourth minute.
G: Yes, ok
H: Your turn.
G: *gasps*
H: What happened?
G: Come here.
H: I'm on my way


------------------
H: Hey Gorge, What are you watching?
G: I just finished downloading it. I's the unedited episode of Dragon Gol GP where Son Boku's hair color changes in a single frame, by mistake of the drawers!
H: No, you are wrong, that's Dragon Gol Beta (Z = zeta in spanish)
G: What? Oh, no, you might be confused because this is the only GP episode were Piccoco appears, since he died in Dragon Gol Beta.
H: No, but you can tell by the animation. That's clearly animation from '97.
Beta is from 97 and GP is from 98.
G: How can GP be from 98? It's also on 97!
H: 98!
G: 97!
H: The first episode of Dragon Gol GP was aired on December 31, but it was 12:30 am already, so it' was actually aired on '98
G: But you are forgetting that that was the day the japanese set all their clocks an hour earlier, so Dragon Gol GP is from 97
H: *silence*
G: Ha! See? You will never know as much as I do about anime!

In japanese
H: *slap* I won't allow it! I'm the biggest anime connoisseur in the universe!
G: *punch* You'll die for questioning my words.
H: *laughes* Everyone will know I am the biggest anime connoisseur when you die. And that day, is today!

they fight...

H: Too slow... Little mule strike!
G: Remember when I lent you an issue of Sain Seicha? It was hard to find an expensive. When you returned it, five pages had it's edge folded. I made a mark in my arm for each page, so I wouldn't forget... And I never did. Die Hector!

H: That strike will cause your death. I will die too, but I don't care. For I have silenced your stupidity forever. *dies*

G: You say foolish things! I will never live in a world where someone says Fragon Gol GP is from '98. *dies*

Other guys In spanish
(Sometimes I can't understand well Argentinian accent...)
Incredible, we always beat you
Shut Up!
blah blah
What'up with them?
Don't know, they must have been arguing about cartoons or something.

END CREDITS
Everybody says...
That cartoons are for kids...
But when I Watch Sailor Moon...
It really turns me on...
Is it wrong, this feeling?
We can yell and argue...
But never lose a discussion
We can travel in bus to the Otakufest
disguised as Pokemon
If you understand what happens to me...
You are another Otaku

You are awesome. Thank you for going through that trouble. That makes it so much more funny!

*offers internet flavored cookies*

The funny thing is, I found a version with substitles...
Duh, well is not like my wasted item was going to be better used anyway

I just love the overabundance of Saint Seiya references there.

Y'see, it's the most popular anime ever, in Latin America. It was never a big hit in the US, though, I believe.
Ask anyone here: if they didn't have a childhood in Saint Seiya, they didn't have a childhood.

Ya know, I didn't see my attempted translation in Nex's captions. Was I wrong in translating it?

EDIT: I am just a lazy reader. I see Nex did indeed caption it.

Also I must not have had a childhood cuz... What's Saint Seiya?

http://en.wikipedia.org/wiki/Saint_Seiya
As The Gansher said, it was VERY popular in Latin America.