James Franco wears many hats, all of them silly. Whether it's acting in legit films, slumming it in soap operas for shits and giggles, posing in drag, or presenting penis art (...on his nose), he'll do it all. His latest project? A postmodern, intensely intense analysis of Three's Company.

Why is James Franco doing this? Well, why does James Franco do anything? He's either perpetually stoned or VERY serious about his performance art (probably both).

"Three's Company: The Drama," according to the Sundance Institute, will be "a multi-media examination of the classic '70s sitcom." A sociocultural analysis of homophobia, misogyny, polyamorous relationships, the symbolism behind the Regal Beagle, and Suzanne Somers' boobs? WOW! Sounds like my failed college thesis!

Television has undoubtedly shaped our world: our increased exposure to dramatic entertainment, the shapes of our houses, the shape of the time in our day. In this piece James Franco hopes to pull television from the box and view it from a slightly oblique perspective.

Again, I'm pretty sure Franco's "slightly oblique perspective" just means he got totally blazed in front of a Nick at Nite marathon.

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