Watching this movie has became a yearly tradition for me! I just finished watching it for the 18th time...I only watch it on New Year's Eve. I first found this movie in 1985 and have watched it EVERY New Years Eve since, except for New Year's 1990 while I was in Saudi Arabia for Desert Shield/Storm.
The name of this movie fits perfectly, it IS "CRAZY"! Every time I watch it, I notice something different, especially different characters in the crowd at the concert and other things in the background. Malcolm McDowell is one of my all time favorite actors and he puts on a great show, although he should stick to acting and NOT singing. Lou Reed plays a pretty decent song during the credits, so don't turn off the tape as soon as the credits start to roll! The other music consists of the same song in different forms, blues, metal, and whatever you want to call the version that Malcolm McDowell sings.
It's well worth a viewing, preferably on with friends and on New Years Eve!!