Poor old Howard has a case of the blues. It's his 45th birthday and when he examines his life, he feels like there hasn't been much in the way of achievement to boast about.
Sensing Howard's glumness, the family rally around and try and cheer him up by doing a Cunningham version of "This Is Your Life" but the whole thing falls completely flat and Howard feels even worse than he did before. In fact, he feels so low that he considers running away to, of all places, Tahiti in order to put some spark back into his life. Needless to say, nobody thinks this is a very good idea and Fonzie sits him down for a heart to heart.
Pretty dull as far as episodes go overall, but the conversation between Howard and Fonzie makes up for it somewhat.