[QUOTE=ActRaiser]So, no one else brings a backpack with a 12-pack to the theatre to share with friends? Seriously, Borat was hysterical under those conditions. Of course, Beaches would probably have been just as funny under those conditions...though not necessarily for others in the audience, but I digress.[/QUOTE]
Wow, that reminds me of the time and some friends went to see ARMAGEDDON (the Bruce Willis asteroid movie) opening night. Unknown to me they brought a couple of two-liter bottles of Coca Cola mixed with Smirnoff and passed them around (I don't drink so I was spared). Needless to say an hour into the movie these guys were hammered and started talking back at the movie. The theater was packed but, rather than get angry at my group for talking, the paying patrons actually enjoyed my drunken friends' trash-talking because as one the entire paying audience had already made up their mind that this Jerry Bruckheimer movie was utter crap. When the movie ended people came up to us (including me, who hadn't said a word during the flick) and thanked us for making a bad movie enjoyable. I doubt these folks didn't get a whiff of the strong aroma of booze mixed with Coke coming from my friends' mouths.
So the short answer is no, experiences like that cannot yet be fully replicated on a home theater yet. Bringing friends and relatives home to get drunk while watching a movie will probably result in something like the brawl on "The Sopranos" last Sunday when they were gathered around playing Monopoly.

) Then I can see them coming out with Holo-cubes.