What Will Happen When Daniel Craig Hosts?

11:29 PM Cold Open

At the first Presidential debate in Denver, Mitt Romney (Jason Sudeikis) tells increasingly outlandish lies, while Barack Obama (Jay Pharoah), having accidentally taken Ambien right before stepping onstage, struggles to stay alert.

11:35 PM Monologue

Host Daniel Craig tries to make the case that, unlike his laconic James Bond, he has a healthy sense of humour, but as various cast members appear to support them, he takes them out with various styles of hand-to-hand combat.

11:38 PM Commercial Parody

An ad for the iPhone 5 focuses on the maps feature, but the narrator gets increasingly frustrated by how badly the app actually works.

11:40 PM

On Today, legendary British paparazzo Clive Frobisher (Craig) tells Kathie Lee Gifford (Kate McKinnon) and Hoda Kotb (Nasim Pedrad) all about getting those famous shots of a semi-nude Kate Middleton.

11:48 PM

A group of Tennessee frat boys (Taran Killam, Bobby Moynihan, and Bill Hader) go to a wine store to buy wine for a butt-chugging initiation, but the process gets complicated when the clerk (Craig) turns out to be a highly trained sommelier.

11:53 PM

An extended promo for a forthcoming Comedy Central Roast of Judi Dench (Vanessa Bayer) features sets by Anthony Jeselnik (Killam), Jeff Ross (Fred Armisen), Kathy Griffin (Nasim Pedrad), and Daniel Craig (as himself).

12:02 AM

Muse performs.

12:16 AM

Weekend Update features former New York governor David Paterson (Armisen) talking about his imminent divorce; Snooki (Moynihan) discussing the birth of her son and her co-star JWOWW's recent engagement; and a pumpkin farmer (Tim Robinson) being way too cocky about how much money he's making at the moment.

12:29 AM

What Up With That? features Craig as a rhythmic gymnast doing a floor routine with a ribbon.

12:33 AM Commercial Parody

In a promo for the next episode of Oprah's Next Chapter, Oprah Winfrey (Kenan Thompson) discovers that Jason Russell (Sudeikis), the activist behind the Kony 2012 video who was later arrested for behaving erratically in public, is still pretty incoherent.

12:38 AM

A police officer (Sudeikis) tries to scare some sense into some troubled youths (Hader, Moynihan, and Robinson) by bringing in convict Lorenzo McIntosh (Thompson), who's accompanied by fellow con Hamish Rawlings (Craig), a British gangster straight out of a Guy Ritchie movie.

12:45 AM

Muse performs.

12:51 AM

Christopher Columbus (Craig) tries to raise his sailors' morale by telling them their trip to America will be worth it in hundreds of years, when some people will get a day off work in his -- and therefore their -- honour.

12:56 AM Commercial Parody

A promo for an upcoming Fox News special hypes even more early speeches President Obama (Pharoah) has given, featuring clips going all the way back to a sixth-grade oratory contest.

1:01 AM

People wave goodbye, hug.