Dr. Evil uses a device he calls a “Time Machine” to travel back to 1969 and remove Austin Powers’ mojo. The sexually wounded swinger must travel back in time and, with the help of agent Felicity Shagwell, recover his vitality. Meanwhile, Dr. Evil’s personal life runs amok as he discovers love, continues to shun his son and develops a close relationship with himself. Well, actually, a clone 1/8 his size whom he dubs “Mini-Me”. The always time-baffled Dr. Evil begins his plan to put a gigantic cannon on the moon, thus turning it into a device called either “The Death Star” or “Alan Parson’s Project,” depending on which name is available.

Joe Young is a young Mormon actor who preaches the word of God in LA and can’t get anything from it. One day he stumbles on the set of new porno movie shot by well known porn director Maxxx Orbison. Maxxx chooses Joe for the title part in his new movie Captain Orgazmo. Joe soon befriends short and skinny Ben Chapleski (his sidekick in the film), who invented a ray-gun which emits a light beam that causes the most intense orgasm in whoever it hits (called Orgasmorator). Unexpectedly movie Captain Orgazmo becomes a cult hit, and Joe’s girlfriend Lisa accidentally sees the movie in the video store - and the problems begin.

Deacon, Matt and Fred will do anything for even a glimpse of sex and spend their mornings pirating porno movies from Fred’s after school job at the video store. But when Fred is fired, the well runs dry, and our heroes come up with a new plan: make their own “adult” film.

Having given permission to male nurse Greg Focker to marry his daughter, ex-CIA man Jack Byrnes and his wife travel to Miami to Greg’s parents, who this time around are Mr. and Mrs. Focker, who are as different from them as can be. As asked in the first movie, what sort of people name their son Gaylord M. Focker?