We get it on radio here in DC. I listen to it on the way to work.
It's amazing the range of people who call in. You get some real morons and also the occasional intelligent reasonable person.
What I like is that the hosts try very hard to not give an opinion. They also push people to defend their statements no matter how absurd. Brian Lamb is especially good at that.
I would love to watch it--its a great show. Unfortunately, I am in the car at that hour, so I have to rely on radio and unlike Washington DC, Washington State isn't graced with C-Span radio. I need to get one of those satellite radio doohickies.
I watch it regularly. I think most of the callers are idiots though. A democrat will call in and rip on Bush and the Republicans. Then a Republican will call in and rip on the Democrats. Once in a great while they come across a caller who actually has a functioning brain.
When Lionel (who I liked very much) had his radio show in NYC on WABC and he'd get the inevitable caller whose first words would be, "Can you hear me?", his response was, "Do I fear you? No, not at all."