This episode has not only one but two really funny stories.
First there is Ross being in the position of getting a grant with his girl-friend's ex-boyfriend in the jury. Chosing Greg Kinnear for the role of Charlie's Ex was obviously a superb decision. Him and Ross have such funny dialogues that you just can't stop laughing. The questions Ross has to answer in order to get the grant are just too comical.
The other story is the one with Phoebes painting "Gladys". It is so funny how Rachel makes fun of Monica when she gets Gladys as a present and how both of them try to get rid of her. This whole situation gets even better when Phoebe presents Glynnis to them!!!
I don't know who made these paintings and who had this funny idea but this was just unbelievable!!! Especially the end when Rachel scares Joey and is scared herself by Monica!
Joeys commercial for that lipstick for men is so funny too especially because it really is the kind of crazy things Japanese people would do. The whole style of the commercial was just totally authentical.
All in all a superb episode!!!