20. Who's Honoring Me Now?/Who's Not Honoring Me Now?
It's tricky to play a vain egomaniac: How do you separate yourself from your character's unstoppable self-regard? Stephen licked the problem with these interconnected segments, which celebrated the institutions smart enough to pay homage to him while scorning those who took umbrage with the character. One of the Report's best running jokes was that everything in the show's universe operated as if there was no such person as Stephen, just "Colbert." In the process, Stephen became incredibly famous, but we always thought it was "Colbert" who wanted the spotlight.