Jimmy Fallon on the Emmys, Playing Wii with the Queen, and His Fantasy Mad Men Project

For the past two weeks, Jimmy Fallon has been spending his Late Night vacation days in Los Angeles as he prepares to host this Sunday's 62nd Emmy Awards, an esteemed gig that will put him in the company of legendary entertainers like Lucille Ball, Ed Sullivan, Frank Sinatra, and Johnny Carson. Unlike the hosts before him, the Saturday Night Live alum will be relying on his Twitter network for intros and in turn, NBC will be relying on Fallon to smoothly move the telecast along, skirting any potential grenades that the Outstanding Variety Series winner might bring.

With this in mind, Movieline caught up with the late night host at an NBC party a few weeks ago to discuss his take on award shows, his recent social networking failure, and Will Arnett's greatest Emmy diss.

You've been pretty experimental with the late night format. Are you going to try to be equally experimental at the Emmys, or stick with the classic formula this year?

Well, I'm trying to get champagne [for the audience] during commercial breaks. I've been to these shows and the truth is that after an hour and a half, 85 percent of the audience is made up of losers.

Losers?! That's not really a nice thing to say about your audience.

No! No! Not the audience at home. I mean the audience in the crowd. Most of them are literally losers. Like, they did not win an Emmy.

Oh, the non-winners.

Right, non-winners. And they get frustrated because they're like, "I got all dressed up for this? I don't even know what I'm going to do for the after party." I sat next to Will Arnett last year. He's like the funniest dude ever, and he goes, "Oh god, look at this loser coming over here." And I go, "That's so rude! You can't talk about your wife like that." Amy Poehler was was walking over to us and she had just lost. It was so funny! But that's the attitude I want to have. You know, we're all in television. We're in the same industry. We're lucky to have these jobs. Let's make this fun and a fun night all the way through.

Back in May, I watched your live-streaming experiment, where you streamed yourself watching your show for an entire week --

You watched that?

I did. It was a lot of fun, but seemed pretty grueling for you and the writers who had been there all day and into the night. Do you have any other plans to connect with the audience like that again?

It was too long. The whole thing was too long. We should have only done one night. By the end of the week, everyone was so tired and I kept running out of stuff to say. It wasn't done right because you couldn't really watch the show on television and watch [us watching the show] on the Internet at the same time. But we tried to do something different.

Who is your dream guest?

The Queen of England, but I don't know how to get ahold of her. I lost her e-mail during the move, but she doesn't even have to leave Buckingham Palace. She could Skype me from the Palace or we could play Nintendo Wii over the Internet. Wii Bowling with the Queen.

This year, you parodied Glee, Real Housewives and Lost. Is there another show on television now that Late Night will be paying homage to this year?

We were thinking maybe Mad Men.

Do you have an idea for what Late Night's Mad Men series would be?

I was just playing around with it today and thinking that maybe our show is about a really bad ad agency. We're awful but we take it just as seriously. And we come up with campaigns but they are just horrible ideas. And another one of us at the table will say, "That is an awful idea. How about I take a crack at it?" And then my idea is even worse. And we are really rude to the women in the office and they don't put up with it. It could be something like that, right?

I'd tune in for that.

Yeah, I was thinking about it because we were actually on the set of Mad Men today shooting a commercial for the Emmys with Christina Hendricks. I got to dress like Don Draper. It was so weird. What a cool job that is.