(FILM) Like a mix of Mystery Science Theater, TV Carnage, and (the unrelated) Found magazine, the Found Footage Festival spins VHS grime into gold. The traveling showcase features material foraged from dumpster dives, garage sales, thrift stores, and warehouse scrap piles. Audio-visual collages of commercials, instructional videos, and other shorts of truly underground cinema are shown with live comedic commentary from the creators Geoff Haas, Joe Pickett, and Nick Prueher. (Varsity, 4329 University Way NE, 781-5755. 9:30 pm, $10.)