Most of the elite press has maintained a love affair with The Daily Show. They like to tout their love as a sign that they are 'happening' and 'with it', and come to the conclusion that what people would like is their news to be irreverent like the Daily Show.
I think fans of the show, however, like the show because it actually treats its audience like adults. Case in point- yesterday's show covered the discrepancy between President Bush's press conference and Ben Bernacke's testimony to Congress. Furthermore, Jon Stewart pointed out that the White House seemingly timed their press conference in order to blunt the news coming from the Capitol (see the first two minutes).
Now, I am what you would call a voracious news consumer. Yet, in my search through the news yesterday, I didn't find any mention of this audacious attempt at White House spin. I think it might have been nice of them to cover this.