I really think this is one of the funniest things ever. I know that's a big statement, and I'm definitely not approaching it objectively because I used to listen to the album on my Dad's record player when I was little, but seriously this track is gold.
So, yeah. Outside of his TV career, Bill Cosby consistently released comedy albums from 1963 through the early '80s. He did a combination of standup, story telling, singing and impersonations. From his 1976 album Bill Cosby Is Not Himself These Days, "I Luv Myself Better Than I Luv Myself" is a parody of James Brown performing in general and singing "I Feel Good" or "Please Please Please".
I must have at least a little bit of perspective because different parts appeal to me now than did when I was nine. For example, I used to think that the animal noises were the funniest part, especially when Cosby makes the noise for the elephant and then says, "Wait a minute, I believe that was the wrong animal." That used to crack me up. Now it's all the statements like "When I fall down, I'm gonna be down there" that are just hilarious. Also, when he fakes falling down, he explains that actually "I just bent my knees." Come on.
The best through line is probably the dialogue between Cosby and the drummer "Nate" aka Nate Neblett. "When I fall down, I want Nate to give himself some. Nate? Did you hear what I said?" James Brown would have similar exchanges with drummer Nate Jones.
I don't know what made me think of this song this week, but it came roaring back and I'm glad it did. "Some people say I can't do the duck. But I say good God." Classic.