When their parents have another litter, the Norbert (the smart one) and Daggett (the stupid one) Beaver have to strike out on their own. Their new home on a lake in middle of the forest seems to be the scene of most every odd occurrence imaginable. The two beavers have to deal with wacko government scientists, 100-foot walking splinters, super-long teeth, a fish so big it can swallow a Swede, a giant cricket, the dreaded stinky toe, evil mind-controlling pond scum, a Swamp Witch, zombies, Mexican wrestlers, lying documentary-film makers, a stupidity potion, a big fat hairy naked Canadian, and a too-friendly robot, along with many other problems. In the midst of all this, Norb and Dag satisfy their love of Grade-Z 50's sci-fi, stuffed jalapeno peppers, ya-hoo! drinks, and, of course, wood.