Jon Stewart to host the Oscars

News bit here. The Chris Rock experiment ends after just one year. Hosting the Oscars is probably the most unimportant but highly scrutinized hosting gig in the world.
Stewart typically focuses on politics, so I'm curious to see him turn his wit on Hollywood. Amidst all the tearful speeches and white-clenched knuckles around gold statues, a host who's willing to poke fun at the biz to balance out the extravagance of the whole affair is a really good thing. Stewart seems to fit the bill.