What I love most about this clip is the audience reaction. In the beginning, the skit goes a couple of minutes and you don't really hear the audience much because they don't know where the skit is going. Then Christopher Walken say for the first time that he could use more cowbell, and the audience goes wild. You can tell that's the point they "get" it.

I can't imagine how the SNL writers came up with this skit idea. It's brilliant.

Chris