When I watched the first episode, I was wondering what I was watching. I then watched the second episode and wondered why I was still watching this! Half way through the second episode is when it hit me; this is meant to seem like a bad talk show when talking with the guest.
The comedy of it is making fun of how bad talk shows can be, and how the hosts think they can do no wrong. The humor of it can be compared to what I call everyday humor; stuff that happens in everyday life that is funny, but not everyone get's it. It is not a show catering to everyone, and not for people who aren't into the harder styles of comedy(Comedy that the average person usually doesn't understand why it is funny.).
They do go out on a lot of limbs in this show, but that is what you do in comedy. I will admit sometimes these chances they take fall flat, but I appreciate their vision. Reggie and Scott are a great duo; they play well off each other, and you feel like it's real when Reggie makes fun of Scott, or when Scott is being sincere about his feeling with Reggie.
All around I suggest check it out, because even though I didn't like the first episode, something made me keep watching the second. To me, that means they were still doing something right.