Six unemployed steel workers, inspired by the Chippendale s dancers, form a male striptease act. The women cheer them on to go for "the full monty" - total nudity.

The movie starts out with Arthur, King of the Britons, looking for knights to sit with him at Camelot. He finds many knights including Sir Galahad the pure, Sir Lancelot the brave, the quiet Sir Bedevere, and Sir Robin the Not-Quite-So-Brave-as-Sir Lancelot. They do not travel on horses, but pretend they do and have their servants bang coconuts to make the sound of horse s hooves. Through satire of certain events in history (witch trials, the black plague) they find Camelot, but after literally a quick song and dance they decide that they do not want to go there. While walking away, God (who seems to be grumpy) come to them from a cloud and tells them to find the Holy Grail. They agree and begin their search. While they search for the Grail, scenes of the knight s tales appear and why they have the name they have. Throughout their search they meet interesting people and knights along the way...