Everyone that downplays prom with the typical, "never went, never cared" statement were probably unattractive nerds in high school. The prom itself is a boring event since it's just people dancing to overrated, low quality pop music (I think Nelly was popular at the time). The highlight of the night is the after-party mainly because everyone is heavily intoxicated with no parental supervision.
One of my friends allegedly received head from the valedictorian girl (she was one of those goody goody sweet church-going girls) and recorded it on his cell phone. Unfortunately he refuses to show me the video -- haven't spoken to him since. Even the exotic Puerto-Rican chick that everyone wanted to fuck was 'available' in the after-party. Word is she had a train ran on her by the football team. Not sure if this was true but immediately after high school she became pregnant so who knows.