It’s the show I told you about last month, and I believe it’s the first one the Web video site–owned by GE’s NBC, Disney’s ABC and News Corp.’s Fox–has commissioned for itself. (News Corp. also owns this Web site.)

Just like Hulu said it would be, it’s a Web show about stuff that aired on TV. Nothing wrong with that–showing people clips of last night’s TV on the Web is a useful thing. I like to do it, a lot.

But this one–or, at least, this episode–is a snoozer. I wouldn’t have made it through all five minutes if my job didn’t require it.

Hulu says this is a preview of the show, and that the joint video venture would like to “develop and evolve the show with your input.”

So okay, Hulu. Here’s my input: You say your inspiration for this show was the Keith Olbermann/Dan Patrick-era “SportsCenter” on ESPN, from way back in the early ’90s.

But go back and watch those shows. See how the anchors are both praising sports and, with a wink, making fun of it? The way they’re telling you that yes, we know you’d watch this stuff all day if you could–so would we!–and yes, we think it’s silly too?

Your show scans a whole lot more like the modern-day “SportsCenter,” which also has clips, and jokes, but without any real self-awareness or bite. So I’d like some more of that, please.

Or put it another way: You know how your first set of TV ads were sharp and funny? Make your show like that!

For whatever reason, I can’t find classic “SportsCenter” clips on Google’s YouTube or anywhere else on the Web. But here’s something very similar: Olbermann doing sports for L.A.’s KCBS in 1989, courtesy Twitter’s Matt Graves:

MSNBC cable television host Keith Olbermann was back on the air last night after a short suspension and chatting up a storm–as usual, almost entirely about himself.

This time it was supposedly to apologize for handing over some dough in support of a trio of Democratic candidates, which is against NBC’s ethical rules for its news folk.

Or is it?

In any case, that’s how Olbermann decided to play it–all jokey and look-at-me-I’m-so-naughty, including adding in all the television comics’ jokes about him, getting all gooey about fan support and, of course, dinging his critics on the right.

In other words: Same old, same old.

Sigh:

But--as many readers have requested--they will all be available in their entirety over the next two weeks in this column.]

Here’s Part 4 of 6 of our interview with Rupert Murdoch, chairman and CEO of News Corp. (NWS) (owner of this site and the conference), conducted by me and Walt Mossberg, in which he talks about politics (Hello, Sen. Barack Obama! Not so much, Sen. John McCain!), broadband, Apple, mobile devices, his definition of “fair and balanced” and Keith Olbermann’s craziness.

Here are the rest of the videos of the interview:

Part 1
Part 2
Part 3
Part 5
Part 6