Katie Couric appeared on the 'TODAY' show Wednesday morning "a little older and no wiser," she said. It was obvious from the second her interview with former co-host Matt Lauer began that they still have a dynamic and unbeatable chemistry.

"If this was an audition for a new talk show, then they both would get the job," one TV executive tells me. "They just have it. From the moment they sat down together everyone could see that they are magic together. Chemistry in this business is everything. If you like the hosts viewers tune in and these two together are adorable."