The Playhouse of the Ridiculous has been for a year or two now the first and only good theatre in New York since the Living Theatre was exiled by the Federal authorities. Assorted egomanias and mad squabbles explode such groups, which do not exist except by the cunning tyranny of egomaniacs and the ties of personal animosity. The great thing about the Playhouse of the Ridiculous is they don't go in for art.