I think Il Barbiere is pretty indestructible - the comedy works so well whatever they 'do' to the production. I've a number of recordings and have seen a few productions in the theatre and on DVD; there's one conducted by Bruno Campanella which appeared on Artsworld, as was, around Christmas:
http://www.amazon.co.uk/Il-Barbiere-Di-Siviglia-Rossini/dp/B000EBEH2W/ref=sr_1_7/202-5913406-5145461?ie=UTF8&s=dvd&qid=1180544024&sr=1-7which had a suitably Moorish/Spanish feel, and Figaro as a bit of an Ali G character! It also features the excellent Joyce DiDonato. There's also a recent Madrid production:
http://www.amazon.co.uk/Rossini-Barbiere-Siviglia-Barber-Seville/dp/B000BAQ8A0/ref=pd_bowtega_1/202-5913406-5145461?ie=UTF8&s=dvd&qid=1180544235&sr=1-1featuring Juan Diego Florez, where I liked the production less, but the singing's super. Ruggero Raimondi turns in his familiar Basilio interpretation, which is priceless.
On CD, there's even a performance with Placido Domingo as Figaro, which he does very well, as you'd expect, but unfortunately the Almaviva is Frank Lopardo, whose tenor has a baritonal ring which complicates matters when matched up to a tenor/baritone Figaro. There are still many good things to listen out for, nonetheless.