This is just hilarious. Following the announcement that Sarah Palin was going to launch her own online subscription channel, and after quite a bit of mockery on that same subject, Stephen Colbert announced that they've bought thesarahpalinchannel.com.

The only Sarah Palin Channel on the internet with a definite article in the address!

Palin's new site is sarahpalinchannel.com.

It seems someone didn't bother to buy up all of the similar domain names for their new site to prevent something like this from happening. Oops. So far the new site just has one link which takes you to a Colbert Report clip mocking Palin and her version of Paul Revere's famous ride.