The Harvard Lampoon is America's oldest institution of humor, operating from the Harvard campus since 1876, and boasting an elite cadre of members that include the likes of Conan O'Brian and BJ Novak, as well as many of America's top comedy writers and performers.

The ceremony will take place this Saturday October 16th at the world-famous Harvard Lampoon Castle in Cambridge, Massachusetts. When reached for a comment on this prestigious honor Oderus briefly laid down his crack pipe and muttered: "Me and the guys are as pleased as pig-s*** to accept this near-meaningless accolade from a bunch of booze-sodden degenerates. To walk in the shoes that tread in the footsteps that tied the shoelaces that were Elijah Wood's big ass hairy hobbit feet fills me with a feeling not unlike lust but nothing like nausea. To mumble the words that were the drool that became the Jell-o that fell out of Bill Cosby's butt is the third most important thing to happen to me today. And finally, to lap at the glistening shores that is the toilet that Sarah Silverman left a dookie in is akin to having sex with Jesus's wife. We are honored, pleased, and gassy as hell as we accept this mantle-crushing award and the considerable attached cash prize...there is a cash prize, right?"

The Lampoon put out an official statement on Gwar's induction: "In honor of their prodigious achievements of slaughter, brutality, conquer, mayhem, and madness, The Harvard Lampoon is delighted to present GWAR with the award of "Most Terrible, Vile, Disgusting, Disturbed, yet Revoltingly Awesome Band Ever." On October 16th the band will travel to Cambridge, Massachusetts to visit the Castle and celebrate in a private induction ceremony, banquet, and live human sacrifice in their honor."

In other GWAR news.. The band has announced that they will be performing for the first time on network television on October 28th, when they take to the stage on "Late Night With Jimmy Fallon". The shows airs 12:35 Eastern and the band will be tearing through their new single "Zombies, March!"

GWAR is giving human scum across the globe with the chance to watch their Halloween show streaming live from The Rave/Eagle's Club in Milwaukee. The event will be a Pay Per View extravaganza and is scheduled to kick of at 11:00 PM Eastern Halloween night. Make sure to head over to GWARLive.com to sign up for the Pay Per View event of a lifetime today!

Tickets for this exclusive stream are $2.99 if you order before October 15, $3.99 if you order between October 16-30 and $4.99 the day of the broadcast.