Much Better! Bill Gates Visits “The Daily Show,” Version 2.0.

Bill Gates dropped by “The Daily Show” last night to chat up Jon Stewart. He did pretty well!

And the Microsoft (MSFT) founder did much, much better than on his first visit to the show in January 2007–a strained conversation capped off by Gates’s abrupt/awkward departure from the set.

This makes plenty of sense: Last time, Gates was promoting Windows Vista, a task that would make anyone nervous.

This time out, Gates was talking about his foundation work, along with some esoterica like his recent foray into Twitter. He also handled Stewart’s obligatory iPhone barb fairly well.

Here are last night’s seven minutes, followed by the last half of Gates’s first attempt. If you watch the latter, make sure to catch the last couple seconds.