FWIW, I found the movie to be very (libertarian) political (much like the TV show). Consider these reviews (the first actually quotes the second):
"I was expecting the big "I learned something today" speech at the end, and Parker and Stone didn't disappoint. A staple of each overtly "message" episode of South Park, these little pearls of condensed wisdom serve as the argumentative summation of the satire. The gist of TA's "I learned something today" is: yes, America's military efforts around the world are not complete, unadulterated successes (how could they be?), and sometimes are bungled affairs, but they are also often necessary, and people who reflexively argue otherwise are ignorant, stupid or just plain evil, and sometimes all three."
<http://www.russellwardlow.net/blog/archives/2004/10/team_america.html>
"Goofy as they are, the members of "Team America" are treated, in the end, with affection, even respect, which is part of the film's political gist. When Team America blows things up in other countries, they do it by accident, in the course of their sloppy but zealous fight against the people who want to do it on purpose. This is not a trivial moral distinction, and it is one the film hangs onto in impressive earnest.
The obscene patriotic ditty that is the Team America theme song might be hyperbolic (and impossible to stop singing), but it is not sarcastic. Nor is a speech, delivered twice in the course of the action, most powerfully at the climactic moment, that is meant as an answer both to the Hollywood peaceniks and to the wishy-washy world community, whose representatives have gathered in North Korea for a peace conference.
Because of its graphic (though metaphorical) discussion of human anatomy, I can't quote any of the speech here, but it is one of the more cogent â †and, dare I say it, more nuanced â †defenses of American military power that I have heard recently. It is conveyed in language that no politician would dare use, by a puppet speaking to a roomful of puppets, in the wake of jokes about oral sex â †all of which provides about as effective a camouflage as the pink and blue fatigues the Team America agents wear on their operations."
<http://www.nytimes.com/2004/10/15/movies/15TEAM.html?ex=1129348800&en=b725445af42f5213&ei=5083&partner=Rotten%20Tomatoes>
Your mileage may vary ...