When Frank Capra’s It’s a Wonderful Life premiered a few days before Christmas in 1946, New York Times reviewer Bosley Crowther was not exactly filled with glad tidings. “The weakness of this picture,” he bah-humbugged, “is the sentimentality of it—its illusory concept of life.” He observed that the small-town denizens represented in the film, “all resemble theatrical attitudes rather than average realities.” In a return engagement of Irish Repertory Theatre’s It’s a Wonderful Life! A Live Radio Play, Anthony E. Palermo’s adaptation of the film’s screenplay unapologetically leans into the sentimentality and accentuates the theatrical attitudes to deliver a sparkling and joyful Yuletide delight.