Three Cheers for Disappointment is the final studio album released by The Arrogant Sons of Bitches. It was recorded by Steve Foote of Big D and the Kids Table at Moontower Studios in Boston, Massachusetts.

The first writing for this album began in 2000. The band initially attempted to record the album in August 2003, but they were unsatisfied with the result. Their second attempt was done throughout 2004. In 2005, more vocals were added and the record was mastered. Three Cheers for Disappointment was finally released in 2006.

The liner notes for the album say that the "frustrating process eventually ended the band". The first 1,000 copies were released as an enhanced CD, including the 2003 demo tracks and the live album This Is What You Get.

On the song "Disappointment at the Taco Bell", David McWane from Big D and the Kids Table sings vocals with Jeff Rosenstock.