Ben Stiller, Will Ferrell

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It sounds like Ben Stiller's wife, Christine Taylor, is one lucky lady!

During last night's American Cinematheque Awards honoring the 46-year-old actor, Stiller's Anchorman costar Will Ferrell took the stage to praise, not only his work in entertainment, but his very, um, impressive manhood.

"Few people know that Ben has one of the most marvelous, exciting and vibrant penises I've ever seen," Ferrell joked as the packed ballroom at the Beverly Hilton erupted into laughter.

"I've seen it in the shower, in urinals and one time he just wanted to show it to me," he continued. "And every time I'm struck by the same thing: ‘Wow, that is a terrific and classy d--k.'"

The junk jokes didn't stop there.

"But don't get me wrong," Ferrell said, adding, "Sure, Ben's penis is dashing, elegant, some call it fun, cute and cuddly at times, but when it's time to go to work, that man gets the job done.

"The greatest gift of kindness I could bestow on a friend is to buy them a new Rolex. I would buy Ben Stiller's penis a Rolex. That how much it means to me."

Ferrell concluded, "So thank you for your talent, you're friendship and your penis."

As we already told you, Ferrell wasn't the only one making light of Stiller's manhood during last night's bash. Pal Jennifer Aniston presented a video package of Stiller's onscreen romances, joking, "His package is surprisingly large. Very expansive, and its lasting power speaks for itself."

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