I would say that push-ups and crunches beat any other exercise combination in terms of unit benefit per unit effort. Distractions and shyness can be practically eliminated as you can work-out from home, you can work-out while travelling as you don't need any equipment, risk of injury is relatively much much lower, warm-up is quick, rapid (sometimes _very_ rapid) progress is almost guaranteed, etc. Combined, this allows almost anyone to get the physiological and psychological benefits of working-out cheaply, safely and rapidly. There is just no substitute for the confidence boost that you can now easily do X amount of push-ups after just a few weeks of training. Best bang for your buck for most people IMO.
Of course, long-term it's probably a good idea to have a more diverse set of exercises =)