First, set in 1965, "Losin' It" follows four teenage pals as they cross the border in Tijuana with hopes of having their first sexual experiences. Their quest to come of age is complicated when the friends encounter a heartbroken housewife who is in Mexico with hopes of getting a quickie divorce. Tom Cruise, Jackie Earle Haley, Shelley Long star. Two-disc set also includes "The Last American Virgin." 3 1/4 hrs. total. Standard/Widescreen; Soundtracks: English Dolby Digital Surround, Dolby Digital mono, Spanish Dolby Digital mono; Subtitles: English, French, Spanish.