Don't adjust your dial — that is indeed five-time Emmy award-winning Channel 4 News anchor Ron Burgundy standing before you... in all his mustachioed glory.

Actor Will Ferrell, clad in his alter ego's signature leisure suit, was snapped today on the "Anchorman: The Legend Continues" set in New Orleans. This is the first on-set look we've had at the actor, and it's an eyeful compared to the teasing feet-only poster that debuted last May.

Ferrell was joined on set by Christina Applegate, who will reprise her role as fellow anchor and love interest Veronica Corningstone.

News also broke today, via The Hollywood Reporter, that actor Harrison Ford has signed on to play a legendary newscaster opposite Ferrell in the comedy. Of course, this will not be Ford's first time behind the news desk: He played a broadcaster in the 2010 film "Morning Glory."

Ferrell's turn as Ron Burgundy is just one of many hilarious roles (including Buddy in "Elf" and Ricky Bobby in "Talladega Nights: The Ballad of Ricky Bobby") that helped earn him MTV's first-ever Comedic Genius Award, recognizing his contribution to the world of comedy. Ferrell will receive the statuette at this year's Movie Awards.

Though little is known about the plot of "Anchorman 2," producer Judd Apatow did assure MTV News that the script is pretty darn funny.

"We read it a few weeks ago and people were laughing so hard that at about 40 minutes in we all just ran out of gas," Apatow recalled back in December. "It was hard to read the whole thing because we got tired [from laughing]. I've never seen anyone delight in playing a character than Will acting like Ron Burgundy all day. He's just so happy doing it it's infectious."

"Anchorman: The Legend Continues," co-starring Paul Rudd, Steve Carell and Kristin Wiig, will hit theaters December 20, 2013.

Check out everything we've got on "Anchorman: The Legend Continues."