I think he's a really funny comedian. And, unlike other comedy shows with skits (Chappelle's Show, Mind of Mencia), interviews (Arsenio Hall), or both (Chris Rock show)... he's basically just mending his comedy to videos. (Though there are, now that I give it thought, skits and interviews.

Me fail.)
Ehhh, it's not the best show ever, but he's funny (in my opinion) so it's funny. At least it's better than AFHV. And I like how he goes all out when he does the interviews on Web Redemption...
Iunno, he's just kinda no holds barred, and I like that.
Plus the crazy dancing skit (Daggering, Dick Slang, and the one with the ass-to-face pounding) and the elevator living skit were hilarious.
Edit:
<table style='font:11px arial; color:#333; background-color:#f5f5f5' cellpadding='0' cellspacing='0' width='360' height='353'><tbody><tr style='background-color:#e5e5e5' valign='middle'><td style='padding:2px 1px 0px 5px;'><a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href='http://www.comedycentral.com/tosh.0/'>Tosh.0</a></td><td style='padding:2px 5px 0px 5px; text-align:right; font-weight:bold;'></td></tr><tr style='height:14px;' valign='middle'><td style='padding:2px 1px 0px 5px;' colspan='2'><a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href='http://www.comedycentral.com/videos/index.jhtml?videoId=313953&title=the-webs-newest-dance-crazes'>The Web's Newest Dance Crazes</a></td></tr><tr style='height:14px; background-color:#353535' valign='middle'><td colspan='2' style='padding:2px 5px 0px 5px; width:360px; overflow:hidden; text-align:right'><a target='_blank' style='color:#96deff; text-decoration:none; font-weight:bold;' href='http://www.comedycentral.com/'>www.comedycentral.com</a></td></tr><tr valign='middle'><td style='padding:0px;' colspan='2'><embed style='display:block' src='http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:313953' width='360' height='301' type='application/x-shockwave-flash' wmode='window' allowFullscreen='true' flashvars='autoPlay=false' allowscriptaccess='always' allownetworking='all' bgcolor='#000000'></embed></td></tr><tr style='height:18px;' valign='middle'><td style='padding:0px;' colspan='2'><table style='margin:0px; text-align:center' cellpadding='0' cellspacing='0' width='100%' height='100%'><tr valign='middle'><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href='http://www.comedycentral.com/tosh.0/category/web-redemptions/'>Web Redemption</a></td><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href='http://www.comedycentral.com/tosh.0/2009/07/09/2-girls-1-cup-the-biggest-reaction-video-ever/'>2 Girls, 1 Cup Reaction</a></td><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href='http://www.comedycentral.com/tosh.0/2009/06/11/demi-moore-nude-pic/'>Demi Moore Picture</a></td></tr></table></td></tr></tbody></table>
That guy is a trooper for picking up that big bitch.
<table style='font:11px arial; color:#333; background-color:#f5f5f5' cellpadding='0' cellspacing='0' width='360' height='353'><tbody><tr style='background-color:#e5e5e5' valign='middle'><td style='padding:2px 1px 0px 5px;'><a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href='http://www.comedycentral.com/tosh.0/'>Tosh.0</a></td><td style='padding:2px 5px 0px 5px; text-align:right; font-weight:bold;'></td></tr><tr style='height:14px;' valign='middle'><td style='padding:2px 1px 0px 5px;' colspan='2'><a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href='http://www.comedycentral.com/videos/index.jhtml?videoId=313805&title=web-redemption-stuck-in-an'>Web Redemption - Stuck In An Elevator</a></td></tr><tr style='height:14px; background-color:#353535' valign='middle'><td colspan='2' style='padding:2px 5px 0px 5px; width:360px; overflow:hidden; text-align:right'><a target='_blank' style='color:#96deff; text-decoration:none; font-weight:bold;' href='http://www.comedycentral.com/'>www.comedycentral.com</a></td></tr><tr valign='middle'><td style='padding:0px;' colspan='2'><embed style='display:block' src='http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:313805' width='360' height='301' type='application/x-shockwave-flash' wmode='window' allowFullscreen='true' flashvars='autoPlay=false' allowscriptaccess='always' allownetworking='all' bgcolor='#000000'></embed></td></tr><tr style='height:18px;' valign='middle'><td style='padding:0px;' colspan='2'><table style='margin:0px; text-align:center' cellpadding='0' cellspacing='0' width='100%' height='100%'><tr valign='middle'><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href='http://www.comedycentral.com/tosh.0/category/web-redemptions/'>Web Redemption</a></td><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href='http://www.comedycentral.com/tosh.0/2009/07/09/2-girls-1-cup-the-biggest-reaction-video-ever/'>2 Girls, 1 Cup Reaction</a></td><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href='http://www.comedycentral.com/tosh.0/2009/06/11/demi-moore-nude-pic/'>Demi Moore Picture</a></td></tr></table></td></tr></tbody></table>