By Noel Sheppard | May 8, 2011 | 8:06 AM EDT

NBC's Tina Fey guest-hosted "Saturday Night Live" last evening, and viewers could hardly be surprised her network took the opportunity to once again use her to bash former Alaska governor Sarah Palin.

In a mock Republican presidential candidates debate, before depicting Palin as an idiot that doesn't fully understand English, Fey did manage to take a humorous swipe at the soon to be exiting CBS "Evening News" host saying, "I want to acknowledge that this week we finally vanquished one of the world's great villains, and I for one am thrilled to say good riddance to Katie Couric" (video follows with partial transcript):