I realized that after reading his lecture on "the principle of least action" coming out with the feeling that I deeply understand (among other things) calculus of variations - a field I didn't even know existed until I read that. So I tried to use it -- and realized that, other than recreating Feynman's example, I can't really use it for anything.
I shared the sentiment with others over lunch the next day (a couple of other undergrads and two graduate students), and they were all familiar with that feeling....