LenoJay Leno remembers the "Tonight Show" transition well.

As Johnny Carson was stepping down as the king of latenight in 1992, both Leno and David Letterman were in line for the job. Letterman was at the time a 12:30 a.m. cult fave and Leno was a steady stand-up comedian who would often act as a fill-in host for Carson.

After much behind-the-scenes wrangling, Leno got the job and the ratings have been steady, so NBC can feel like it made the right choice. Letterman, of course, moved on to CBS where the network was finally able to create a latenight beachfront.

But now Leno will be on the other end of a "Tonight Show" transition, though this should be much smoother. Maybe not so much for Jay, though.

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