It's fantastic to see Jon Stewart and Stephen Colbert team up on something other than an award show (not that I'm complaining about super-adorable Stewart/Colbert/Carell hugs, which warm my otherwise bitterly cold heart). It will be interesting to see how the boys react to the live results, but I'm most interested in seeing how Stephen Colbert stays in character. Check back later for videos Click on the jump for the full episode!

10:05: Man, those intros were hardcore. And how long is that bird going to stay on Stephen's shoulder? I'm waiting for a startled poo. I'm still not used to seeing Jon and Stephen together. It's too much awesome.

10:12: Hi, Jason Jones! Nice to see -- Whoa, what just happened? Something flashed on the screen, but I didn't catch it. Suddenly compelled to join the military, though.



10:14: Speaking of military... Hi, Rob Riggle! And bye, Rob Riggle. That was quick. John Oliver, Wyatt Cenac and the rest of the team are rocking new Macs, it looks like. So fancy. And did John just say "shit burger"? Is that okay? My ears feel dirty.

10:21: Steve Forbes is in the middle of a wonderful sandwich. Was that too much? I'm sorry. Jon just made a double-whammy mean joke about Iowa and McCain, but what I really liked was his guilty look of satisfaction. Well done, sir.

10:23: A rhino from Rhode Island just used a laser to shoot a golden helmet on Barack Obama. I love it. I mean, I don't get it, but I still love it.

10:30: Whoa. Stephen is live-blogging the event. And I'm blogging about it. That's so meta. And Barack Obama just showed his boobies for beads. That's not the way to get votes, man!

10:32: The news team hit the streets to see if the Bradley Effect really kicked in. Hey, where's Aasif Mandvi? Haven't seen him around.

10:39: Samantha Bee, MC Escher and John McCain! Oh, and there's Aasif Mandvi... chillin' at Al Qaeda's headquarters.

10:45: Friend of the Obamas, Charles Ogletree, sitting at the desk. Mr. Ogletree is holding his own against Jon and Stephen pretty well, throwing in his own zingers here and there. I guess he's feeling good. The audience is in love with Michelle Obama, apparently. I still remember how she totally burned Stephen Colbert when she was on the Colbert Report during its stay in Philadelphia. That wasn't cool, Michelle.

10:49: Larry Wilmore is preparing to take over the show? And Wyatt Cenac is taking over the Colbert Report? Nooo -- I'm not racist or anything -- oooo!

10:56: Stephen Colbert is getting pissed. Can't wait to see what he has in store for tomorrow night. Really, both shows are going to be excellent, but Colbert's going to flip out. I like Jon's little lesson to Stephen too, about America being a "show" country tonight.

11:01 President Barack Obama! Ahh. Oh, wow. I hear people screaming outside. And on TV. And here come Samantha and Jason, the Canadians! And John, missing Meow-garet Thatcher! And Rob with no pants! And Aasif Mandvi is back from Pakistan! And Wyatt Cenac and Larry Wilmore are back too! This is craziness.

11:05 Why is there a little street urchin on the roof?

11:06 Ahh. So... that's it. Good night. Wow. Again... wow.