I was going to rip this off of an old VHS tape just so I could talk about it. I even dug it out of the Siftin' archives and got it cued up.
Thankfully, someone has done the hard work for me.
I saw this years ago on a compilation of old Mego toy commercials (it also had the superheroes commercial that featured "The Falcon -- that great black superhero!").
The commercial is for a game called Ball Buster. Being the perennial 12-year-old that I am, I snickered at the name. And I chuckled when the announcer said that the aim of the game is to "bust your opponent's balls."
But it was the bit at the end that really got me. Not surprisingly, this is on my personal list of best commercials ever.
While searching the Intarwebs for more information, I found that the commercial was posted here only a few days ago. Great minds think alike.