It's a wonderfully hilarious sequence in the film. Director Martin Campell very rarely allows the action to stop. There's no slowing down for plot or character development here. The film bulldozes it's way to the finale. At over 60 million dollars, no expense is spared in the budget.
Bond does everything here and the actions sequences are almost all top-notch.
I guess this is an homage to the previous films. After this almost humorous scene, the action all looks pretty real. We get a car chase here, as well as a tank chase on the streets of the Soviet Union, an airplane crash, a helicopter ejection sequence, and plenty of gunfights and explosions. The film's action never stops. Even the end credits here promise that Bond will return.