Though the people at Funny or Die deliver some of the best comedy online that money can't buy (because it's free), last year they delivered an impressive first season of even more high quality and consistently off-the-wall and hilarious sketch comedy on their HBO series Funny or Die Presents. Now the show is returning for its second season this Friday, January 14th at Midnight/11c on HBO.

Below we've included a hilarious trailer for the new season that features the talents of Rachel Dratch (Saturday Night Live), Fred Willard (Anchorman), Elijah Wood, and Will Ferrell and John C. Reilly and many more. Also check out a couple of the sketches in their entirety featuring Ferrell, Reilly and others. There's some good stuff here and I can't wait to see what else Funny or Die Presents has in store. See the videos after the jump.