I like Colbert a lot. And he can insult Trump for the next 3.5 years, at least, as far as I'm concerned.
But I can't be happy about his homophobic/sexist choice of schoolyard taunt. Will we ever get past the idea that the ultimate example of un-manliness and lack of spine is some kind of homosexual behaviour? Is there still no better way to express contempt for someone than to suggest that they're "bending over" for someone or "giving them a reach-around", or (as in this case) to suggest that they're fellating them?