I love this show. There is a lot of crap on TV these days. The Soup (formally known as Talk Soup) filters that crap and leaves only the best of that crap. It then takes that crap and mocks it.
Ok. Actually they take some great clip from an otherwise unwatchable show, then they mock it. They do the same with celebrity news and gossip.
There is also Chat Stew segment where they make fun of talk shows like The View, Oprah, Dr. Phil, and Tyra. But my personal favorite bits are the weird clips from Japan and What the Kids are Watching.
I love this show because I know I'm not missing anything by avoiding shows like Flavor of Love, Laguna Beach, House of Carters, or Breaking Bonaduchi.