It looks like even the magic formula that Will Ferrell and Adam McKay created to become comedy movie mavericks doesn't work on the aptly named "idiot box."

HBO's new Eastbound & Down bombed in its premiere episode and lost nearly 40 percent of the lead-in audience from Flight of the Conchords. It also only scored a measly .3 in the ratings, which is dangerously close to "HelloLarrydom."

But fear not, Ferrell freaks. This is HBO, the network that dared to mess with convention, give fledgling shows time to grow and kept Arli$$ on the air for six whole seasons.