I'm only 17, so I wouldn't have remembered the Late Show when it was shown on the ABC in 1992. However I have always had a tape with one episode recorded on it (the one with Oriental Shitscared) and I watched it for the first time in 4 years about a week ago. A few days ago my brother bought me the Best bits of The Late Show for my birthday, and my god I have never laughed so hard!
The regular segments like Tommy G's news desk, Shitscared, Graham and the Colonel and the hilarious piss-takes of various people (most of which I have never even heard of, but it's still hilarious) particularly John Hewson trying to criticize Paul Keating, but clearly has no idea what he's talking about.
Hewson: Well I'm more concerned about the people of Australia, and I challenge the Prime Minister, I challenge Paul Keating to respond.
Tommy G: ... To respond to what?
Hewson: (stares at the camera with a clueless look on his face) ............... My...... My challenge.
Tommy G: ... Which is?
Hewson: (stares again) ...............I......... I dunno. It's just a.... just a general challenge.
Another hilarious segment is where Mick Malloy explodes in a rage about certain issues, and Tommy has to call a bunch of dudes with fire extinguishers to cool him off.
If you are a fan of any of Martin, Malloy, Rob Stitch, Tommy G, Santo or the other cast members, sketch comedy, or Aussie TV, then get your hands on The Best Bits of the Late show. Truly champagne comedy!