Adaptation Displacement: This is far from the first work about the outlandish tales of Baron Munchausen. The original stories were published in the late 18th century, and the first film based on his tales was made in 1911, with several other versions filmed throughout the 20th century. A German film made in 1943 was particularly similar to Gilliam's version visually, to the point that a legal disclaimer had to be included in the 1988 picture. This is the best-known version for modern (Western) audiences, however.
Crowning Moment of Awesome: When the Baron's tale gives the entire town a boost of morale and they march for the town gates to put an end to the war going on. When Horatio Jackson, who had the town under his control before this, threatens to shoot anyone who leaves, he's ignored. And when they open the town gates, it looks like the battle was somehow won the way the Baron described it... as he told them the story. In other words, the Baron saved the day with a story of his adventures.
That very "fabled" battle, where the Baron's companions finally gets all the powers of their youths back and singlehandledly defeat the Great Turk's army.
Let's beging with the silly fact that the main city of the game is called Baron, then we can also name the protagonist being attacked by leviathan (a giant sea monster), going to a volcanic-underworld and going to the moon. Also, this movie is what inspired the Final Fantasy saga to use the Grim Reaper for the 'Death' spell.