Only a portion of this interview is online, but there’s a lot to take in.
Fallon, a great host in his own right, is a real buddy-buddy kind of guy, and you aren’t going to get any substantive questions or responses to answers from him. However, Colbert is great at interviews with these non-entertainers and engages with them respectfully and earnestly.
The drawback of being a talk show host is the crowd, and I’ve seen it with all three presidential candidates he’s had on the show. His crowd only knows him from his old show in which he was a caricatured version of a political conservative pundit, so there’s some carry-over. The crowd is young, enthusiastic, and loud, which distracts from the interviews, especially when you only have like five to seven minutes with a guest. But you have to hand it to Colbert when the boos started, he shut that down quickly, and did it tactfully.
In this segment, they talk about how Reagan might be perceived today, constitutional interpretation, and how it applies to state rights and gay marriage.