There are times when people say, "THat was the best episode" of a show and later on they say, "WEll, I guess I just really liked it at the time..." Not the case with this episode. I recently rewatched the entire series and let me say, no episode holds a candle to "Goddbye, Toby." Let's start with the somewhat hyped new character who comes aboard. The new HR rep, Holly, is brilliant. Without spoiling, she adds a dynamic for many characters, notably Kevin and Michael (and Creed!) that can't be beaten. Every character (aside from Dwight) gets a good moment this episode, and every storyline that has been building gets a major push forward. As with the last two season finales the last scene is shocking and amazing and throughly mouth-gaping yet side-splitting.
Phyllis, a character who often is dismissed by her cohorts, earns her stripes and becomes a very lovable character. Toby is throughly hazed by Michael in moments that make the awkwardness a drug for the viewers. Pam and Jim get some sweet moments, too. Andy of course, screws things up, but you can't help but love him. Angela is of course ridiculous, and even Meredith gets a good moment. And it doesn't stop there. The Temp, while not actually in the Office, gets an awesome moment... Jan returns, and the Hobbit(!!!) comes back in a deleted scene.
Overall, this episode has it all... even in a Ferris Wheel! What more could you ask for? This episode left me feeling satisfied (that's what she said).