Lawrence plays Marcus, a family-man who has been partnered with second-generation rich kid Mike (Smith) for the past six years as narcotics officers in Miami, and when one of the biggest drug busts in their careers ends up getting reopened because the millions of dollars of heroin they confiscated ends up missing, they are in for firefights and mistaken identities.
A friend of Mike's ends up being the victim of the drug thieves and the only witness to the murder is her best friend, Julie (Tea Leoni). When she narrowly escapes with her life, she contacts the police, knowing of only one cop that she can trust, Mike. The problem is, she doesn't actually know Mike, and when he is unavailable, Marcus has to pretend to be the playboy officer in order to gain Julie's trust. In a situation that belongs on prime-time television, most of the movie has Marcus pretending to be Mike, and vice versa, at least while Julie is in the room.
While that is a major source of the film's comedic relief, there is more action in Bad Boys than comedy (of course, what do you expect from an early Michael Bay film... or a later one for that matter). As the trio works on finding out exactly who killed their friend and stole the heroine, they have to also dodge Internal Affairs and Marcus' wife (since she believes Marcus is out of town).
Bad Boys doesn't offer a whole lot outside of the movie itself. There is an interesting making-of featurette, as well as commentary by Bay, but outside of those and a couple of music videos (surprisingly, none from Smith, since that was a staple of his 1990's films), you won't get much. While the making-of adds to the overall package, it is the same one found on the Special Edition DVD version already on the shelves.
Bad Boys has become a classic film, and one of Smith's first forays onto the big screen. Actually it was released while The Fresh Prince of Bel-Air was still airing. With this nicely executed transfer to Blu-ray, complete with crisp video and surround sound (which is a must for any of Michael Bay's explosions), this is the version to see. Now, is Bad Boys worth the purchase? Not really, but it is definitely a fun rental.