That aside, it's clear Obama enjoys the White House Correspondents Dinner, and comes with some pretty good material. For example there was the joke about Politico and how it has a centuries long history of spinning the news (Politico goes back to 2005.) Or there was the one about how Joe Biden talked him into coming to the dinner, saying "Mr. President. This is a big bleeping deal," in reference to Biden's on-mic F-bomb after the Health Care Reform Bill was passed.

In all Obama was just plain funnier than Jay Leno. It seemed Leno was searching for the one punch line that would get him going, but he remained stuck in the mud.