I plain don't like it.
I'm not talking about The Onion or The Day Today/Brass Eye, all of which have about as much to do with the news as Father Ted has to do with religion, rather The Now Show, News Revue and The Treason Show, which trade in comedy so 'of the moment' that the jokes are turning stale halfway up the performer's windpipes.
I'm sure I'm not alone on this one.