Excellent system for people who want an RP experience that requires minimal setup time in a GM-less environment. I picked this up after finding out my usual GM couldn't show up for our FATE campaign. We set up the game vanilla, and chose relationships before we built our characters. Then we picked the needs, objects, and locations to make things super insane. The result was a total blast, full of awesome stories, ridiculous twists, and more than a few missing limbs. I would recommend this game to anyone who is looking for a new collaborative game to play with friends or anyone who needs a break from their usual RP session.
One thing I noticed was that the players who traditionally take RPing less seriously (making decisions that are unimaginative, responding n dialogue with jokes for cheap laughs instead of advancing the story, etc) found themselves in positions in the late game where their characters didn't have anything interesting going on, while everyone else was caught up in glorious chaos that they had collectively created It didn't hinder our experience too much, but I can see that this could hinder some players who are shy, having a bad day, etc. and leave them disappointed. If you are in this position, try to keep them engaged by having your character bring the trouble to them whenever possible (which is delightfully easy in Fiasco!).
A great game to pick up and play, and can be set up and finished in one session. Get it. You will not be disappointed.
[5 of 5 Stars!]