All talk and no TV party

I've been researching chat shows in preparation for upcoming episodes of The O Show and I've come across some interesting ideas ...

The mainstream TV talk show host has been described as an anchor and agent of meaning, someone whose power resides in their ‘real life’ character riding the line between expert and audience-member. What if I break down that barrier even further – opening it up to forms of participation not possible on TV due to censorship and need for ratings? Maybe instead of the commercial chat show format, I should do something a bit more like Glen O'Brien's TV Party?