Intro was a spoof of bin Laden's tape. Mostly he complains about how lame both presidential candidates are, but the worst offense is that the West is exporting its pop culture, especially all those lip-syncing singers. He can understand why dancers would have to do that, but singers who don't even dance? Please!
For the monologue, Kate Winslet decided to sing, and she also incorporated tap dancing and stopped randomly to prove that she can do both live. She's actually a good singer!
WU: a few quoted "reactions" to the hoedown indicend from other pop stars, this was kind of weak. (Really, what did happen to SNL? In general it's nowhere near as funny as was in the past.)
Later in WU, "Elton John" comes out and bangs out his latest song on a Casiotone, a tribute to Ashlee's lameness. THis one would be worth tracking down an MP3.
For both music segments, Eminem lip synced very badly. Unstated punchline: normally he does do his thing live.