From MOMD comes the following definition, which is, well, defining:
Boobenfreude
(n) The feeling one gets when a celebrity makes an ass of themselves, and you are glad you are not them, e.g. when Janet Jackson bared her breast at the Superbowl halftime show. Alternatively, also used to describe the feelings of superiority that well up inside when a celebrity or politician acts like a fool, and does not realize it.
Hahahaha. Perfect.
via InstaPundit