Simply, the funniest political commentary you'll hear/see all year.
Edit: I didn't see this before making my post, but Joe unsurprisingly asserts that Colbert "bombed," while the President soared. Actually, I agree that Bush also did well. After all, it's not like there's only enough material for one. But I do find it rather sad that cons can only laugh at the President if he's the one telling the jokes.
Here's a joke for all you cons, though:
More: I guess the Crooks & Liars didn't catch everything, because this report has some comments that I don't remember.