As everyone with a TV or internet connection (or friends who care enough to text) knows by now, Will Ferrell appeared on Conan as Ron Burgundy to dish out some insults to Coco and to announce that he struck a deal with Paramount Pictures for 'Anchorman 2.'

Somehow the internet didn't blow up. We're sure it's in critical condition, though, due to all the enthusiastic reactions - most of which were captured in .gif format. We patroled the cybersphere and pulled out the 24 best. Check out the video then the reaction .gifs below.