The show had a production budget of $300,000 per episode for Bam Margera to spend any way he wanted.
Though a spin-off of "MTV's Jackass", this is really a MTV produced (unofficial) sequel to the "CKY" tapes. Made of almost entirely the same cast and crew, "CKY" was a series of low budget/homemade videos that were a mixture of pranks, music videos, and skateboarding.
Has widely been speculated to be scripted. While many incidental end credit scenes had written jokes, and Bam would reherse speeches to explain the basis of the episodes, the rest of the series is currently uncertain.