Saturday Night Live is back in full force, with gold medalist Michael Phelps to guest host. It’s reported that Tina Fey is in discussions to make a guest appearance as Sarah Palin. Also, Barack Obama will appear as himself. That should be hilarious.

UPI Reports:

Fey spent years as a writer and cast member on the long-running, New York sketch comedy series before she created and starred in her own sit-com “30 Rock,” which is set behind the scenes of an “SNL”-type show.

Of course Tina Fey will make a guest appearance as Palin. It will be a classic skit and she needs the publicity for her new TV show, 30 Rock. I wonder who will play John McCain? Stay tuned.