I wouldn't go quite this far. It was definitely well constructed and interesting.
I think it's an apt analogy in that it's Colin Quinn's BILL COSBY: HIMSELF, or his DELIRIOUS. I know him from his super-stiff Weekend Update thing, so this was a bit of a revelation. I thought it was totally solid, but I don't think it was on par with any of those quality wise.
Anybody see TALKING FUNNY? My only complaint is that it was too short. Loved how Rock, Seinfeld and Louis CK kept ribbing Gervais.