That epic rumble between the five rival newscaster groups, followed by Ron and his friends casually discussing it over beer.
Brick: Yeah, there were horses, and a man on fire, and I killed a guy with a trident. Ron: Brick, I've meaning to talk to you about that. You should probably find a safehouse or a relative closeby; lay low for a while, because you're probably wanted for murder.
Seriously, Brick has some of the best lines in the film:
"I ate a big red candle." "Where'd you buy those clothes...at the toilet store?" "I DON'T KNOW WHAT WE'RE YELLING ABOUT!" "LOUD NOISES!" "I love lamp." "I heard their periods attract bears. The bears can smell the menstruation." "I'm riding a big furry tractor!"
Ron's conversation with Veronica on their date, about the founding of the city.
"They named it "Sahn Dee-ahgo", which, of course, is German for "a whale's vagina".
"I love Scotch. Scotchy Scotch Scotch."
"Hey everyone! Come see how good I look!"
"Scotchy Scotch Scotch" is now the name of a Ben & Jerry's ice cream flavor released to tie into the sequel (it's butterscotch with butterscotch swirl).
The jazz flute solo. Particularly when it culminates in Ron shouting, "Hey, Aqualung!"
At the start of the movie, Ron warms up by doing some tongue-twisters like "How now, brown cow" and "Unique New York." These grow increasingly silly, culminating in lines such as "The arsonist has oddly-shaped feet" and "The Human Torch is denied a bank loan."
No love for the infamous Sex Panther (rowrr!)? It's quite pungent.
It stings the nostrils ... I'm going to be honest with you, that smells like pure gasoline.
And 60% of the time, it works every time.
It smells like Bigfoot's dick! [And is so strong that it sets off the fire alarm in any room it's in, requiring the user to be hosed down]
"Tickets to the gun show."
"And I'm Ron Burgundy. Go fuck yourselves, San Diego."
Champ Kind: The bottom line is you've been spending a lot of time with this lady, Ron. You're a member of the Channel Four News Team.
Ron Burgundy: That's a given.
Champ Kind: We need you. Hell, I need you. I'm a mess without you. I miss you so damn much! I miss being with you. I miss being *near* you. I miss your laugh!
[laugh's playfully and pulls on Ron's sleeve]
Champ Kind: I miss your scent.
[Composes himself, becomes serious]
Champ Kind: I miss your musk... When this all gets sorted out, I think you and me should get an apartment together!
Brian Fantana: Take it easy, Champ. Why don't you stop talking for a while?
Ron Burgundy: Maybe sit the next couple plays out.
In the bear pit:
Veronica: In case we die here today, there's something that you should know. That dirty trick with the Teleprompter, it wasn't-
Ron: Sweet Eli Whitney's nose! It wasn't you, was it? It was Wes Mantooth. Oh, I should have known.
Veronica: No, no. No, I did it.
Ron: YOU BITCH!
During the credits, one of the deleted scenes has Ron asking Brick if he'll be holding another celebrity golf tournament. Brick declines, and nonchalantly explains because "too many people died last year", so he won't be doing it again.
Then Steve Carell immediately breaks into laughter.
Ed Harken constantly on the phone as his son's troubles become increasingly ridiculous ("My son was on something called 'acid' and was firing a bow and arrow into a crowd. You know how kids are!")
"I have no idea where he could've gotten a hold of German pornography."
"Look Chris, just put the gun down and let the marching band go on. We'll write it off as a prank!"
"I'm Ron Burgundy?"
"Dammit! Who typed a question mark on the teleprompter?!"
A delete scene while Ron is still depressed over losing his job. His phone rings, he picks it up, but no one answers. Ron becomes angry and tells the caller on the other line to either talk or leave him alone. We cut to the caller: the panda bear from the Pleasure Town sequence.
The scene where Ron and Veronica insult each other right after the newscast, since their mics have been muted so the audience can't hear it. The stuff they say is hilarious - it gets even funnier in the outtakes when Will Ferrell makes Christina Applegate burst out laughing.
"I'm gonna shoot you in the back of the head with a BB gun when you're not looking, that's what I'm gonna do."
Baxter's conversation with the bear, communicated in subtitles.