After flocking to theaters for the PG-rated Paul Blart: Mall Cop, is America ready for the R-rated version? That will be decided when Jody Hill’s Observe and Report hits theaters this April (and before that, SXSW next month). Starring Seth Rogen in the Kevin James role, the later of “the dueling mall cop movies” has a new NSFW red-band trailer, and it has all the Blart-haters on the net (many of whom probably didn’t see the movie) all excited. Never mind if Observe will be better (it will be for those who prefer a lot of F-bombs in their comedies), the real question is whether or not a darker, raunchier version of a movie that’s already a box office hit will in turn be a flop. Especially in these times of speculating that audiences want more hopeful yet more mindless entertainment. Considering Observe seems almost like a bridge between Paul Blart: Mall Cop and Taken, which took the box office top spot away from Blart a few weeks ago, it’s plausible that this could actually be Rogen’s biggest hit yet.

After the jump, check out the trailer and what people around the blogosphere are saying about it:
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