This is pretty crazy. I think they're having a bit too much fun over at Disney, uhh, er, I mean Sesame Street. This is basically The Muppet Show, or the same premise/realm, but that was better.
Nonetheless, pretty funny and flattering homage to SNL. As on his other 'real life' appearances I've seen on The Colbert Report, and Cake Boss to name a few, Cookie Monster is pretty funny when not doing children's tv.... in a kind of Ed The Sock way (maybe he needs a cigar!).