Cow loves horses. While reading a book about a famous horse, Blackie, she discovers the famous horse in her front yard. Cow and Chicken then take the horse as their new friend. Cow and Chicken make sure that Blackie gets his way. Soon Mom and Dad tire living like animals and wearing horse shoes, and tell Cow and Chicken that Blackie has to go.
Red Guy pops by Cow and Chicken's house selling ""invisible sauce"". Cow unwittingly buys it, and claims she's invisible, so she runs around town performing feats of ""invisibiltiness"". Red Guy sees this, and has Cow steal ""withdrawl slips"" from the bank with her ""invisibleness"". Cow steal fill-out forms instead of cash. Cow then tries to help lousy golfers, but she realizes she never was really invisible at all.
Cow, Chicken, Flem, and Earl are contestants on the gameshow ""You've Been Panced?"". Where the contestants have three seconds to perform three complicated tasks, or they have to spin the penalty. Chicken, Flem, and Earl all fail, but thanks to Super Cow, they win the grand prize: Red Guy's life savings. They discovered that they've been swindled, and Super Cow takes out Red Guy.
Cow and Chicken visit their cousin, Snail Boy for Sunday Dinner. Later that night, Mom's Sis announces that Snail Boy has been transformed to Cow and Chicken's school. During his first day of school, Chicken becomes the laughing-stock when every finds out that Chicken is the cousin of a snail. Snail Boy then becomes the target of the eyes of the bullying track team.
Everyone makes fun of Cow because she still has her old security blanket. She then tosses it out the school bus window, but is depressed for the rest of the day. Chicken tries the cheer her up by playing the bad guy in a game of Super Cow. Cow confesses that her blanket was also Super Cow's magic cape, and that Super Cow was never coming back. Red Guy then sees the perfect opportunity to torture Flem and Earl. Chicken decides it's ""Wonder Wattle"" to the rescue.
Cow and Chicken are devastated when Mom and Dad suddenly announce that their moving. Cow and Chicken start reminising about their favorite memories from the only home they ever lived in, from their first puppy, to their first Christmas. The Red Guy, Flem and Earl are also devastated when Cow and Chicken are moving. Once the truck is loaded, Cow and Chicken discover that they are only moving to an identical house next door. When asked why, Dad replies ""our old house was infested with ants.""
Cow and Chicken wait outside the hardware store while Dad shops. Chicken is dying to ride the fighter jet plane ride. When Cow finally lends Chicken a quarter, The Red Guy takes the ride away. Chicken then stows-away on his truck, to ride the plane, but has to plug it up. Once at the gas station, he buys 20 extension cords, but the owner unplugs them. In the end, Chicken discovers that Dad actually collects those kind of rides.
Sick of their everyday life of being squirted with milk, Cow's favorite toys: Crabs the Warthog Doll, Piles the Beaver Doll, and Manure the Bear decide to run away to find their original owner. After reading Manure's tag that says ""Made In Hong Kong"", they assume their original owner is a maiden named Hong Kong, and set out on a quest to find her.
Dad loves shopping for Mom's stuff. He runs off to get a manicure for her, while Cow and Chicken pay for the other items. The censors go off when Cow passes through, so Red Guy, as a mall cop, chases Cow and Chicken all over the store. Cow learns that the censors have been broken for weeks. Red Guy walks through, and is arrest by the REAL mall cops.
Cow and Chicken get a visit from their cousin, Black Sheep (who really is in both terms). While Mom and Dad run away, Cow and Chicken try to make Black Sheep feel at home, but when he compliments Flem and Earl in scientific terms, they assume that Black Sheep is a dangerous criminal. Cow tries to help Black Sheep, who everyone changes their minds about, after he saves a woman's life from a heart attack.
Chicken tells Cow that she's not artistic, so she in return, sculpts a seal out of a stick of chewing gum, and an entire machine full of bubblegum balls. Cow wishes that her chewing gum seal, whom she names Chachi, was real. Suddenly, a wishing star grants her wish, and Chachi is a real, miserable, ho-hum seal.