The curtain is pulled back on SNL in this book to reveal (not surprisingly) that Lorne Michaels was, is, and always will be the Wizard who always kept SNL ticking. Decades of drug use, debauchery, infighting, sleeping around, desperation, and show-biz chutzpah are related courtesy of first-hand accounts of the writers, stars, agents, TV executives, staff members, and guests of the show.

Not all comments are complimentary, and not all that went on behind the scenes was funny. But it all makes for a fascinating read, despite the fact that a few notable surviving cast members chose not to participate in these oral interviews. "Live From New York" is as much a evolutionary history of the business of television over the past three decades as it is an oral history of the show itself. Perhaps SNL isn't as consistently cutting edge and counter-culture as it was in its earliest years. But nowadays the show IS the pop and showbiz culture it lampooned in the past. It cannot ever really return to its fabled glory days of 1975-1979 because the entire show business landscape has changed so dramatically since then. One must credit Michaels for recognizing that and still plodding ahead with the show for most of the years since the days of The Not Ready For Prime Time Players.

Read this book to find the origins of many of the standard conventions and favorite moments of the show: why the band always dresses in tuxedos, the inspiration of Danny Aykroyd's buttcrack-exposing refrigerator repairman, the inhuman writing schedule, etc.

This is better than an "E! True Hollywood Story" any day.