Factual error: Some scenes in the movie pertaining to activities at Fort Benning, Georgia are incorrect for the time period (1964-65, I believe). Scenes around the parachute training area (jump school) show a static display of a C-47 transport aircraft. I went through jump school in 1967 and the aircraft was not on display then. It is there today and was obviously there when the movie was being filmed.
Audio problem: In the scene where Col. Moore calls in 'Broken Arrow' Joe Galloway and Col. Moore are both firing M16's yet, they both sound different.
Factual error: When Joe Galloway arrives at LZ X-Ray, he and LTC Moore greet each other as if they're meeting for the first time. However, Galloway had been on multiple patrols with Moore before, and the two were well acquainted by the time of the Ia Drang battle. Galloway also arrived at LZ X-Ray with his own M16, which had been given to him by another officer some time before. Ia Drang was not his first time firing a weapon in combat, and he was actually fairly used to it by that time (per his own account).
Other mistake: When the black guy from their base gets shot in the head the camera slows down and you can see his forehead starts bleeding but there's no hole on his helmet. [Actually there is. If you pause it, you can see it on the (his) right side of his helmet. Although it looks as if it exploded outwards instead of inwards as a bullethole would.]
Factual error: The night before the final attack, the NVA commander looks up at the full moon. The battle took place between Nov 14 and Nov 18. In 1965, the November full moon occurred on the 9th.
Revealing mistake: On the battlefield where Mel Gibson first talks to the reporter, there are bodies of dead men lined up on the ground. You can clearly see one of the dead men breathing.
Revealing mistake: Snake Shit's helicopter has no holes in its windshield. Every other part of the helicopter is riddled with bullet holes except his perfect, spotless windshield.
Factual error: The French soldiers in the beginning of the movie have the insignia of the 1st Infantry Regiment (1er régiment d'infanterie de ligne) on their berets, the 1st Infantry Regiment never saw action in Vietnam, it was stationed in French occupied Germany between 1945-55 and then fought in Algeria. It might be a mix up with the 1er Régiment de Spahis Marocains, a cavalry unit which was deployed in Vietnam.
Revealing mistake: Towards the end of the movie, a VC soldier holds a shoulder fired rocket launcher. If you watch carefully, you can see the rocket wobbling as if it's made of rubber.
Factual error: Map in HQ shows Kampuchea. In 1965 it should have been Cambodia. It was Kampuchea from 1976.
Chosen answer: Smedley Butler and Daniel Daly. Both were awarded the medal of honor twice, and lived to tell about it. Both were also U.S. Marines. More info here at http://www.grunts.net/legends/butler.html and http://www.cmohs.org/recipients/double.htm.