I've been watching this show for 13 minutes and I think I've understood 20% of it. It seems to be a gameshow based off of sitting around with a bunch of unlikely academics, trading quips and referencing obscurenesses. The longer I hear them talk the better up I can keep up with them, but I think the Cockney rhyming slang they use at the beginning is too much a task for my time.
Also, it has the most annoying intro sequence for any show ever. Facebookers go to blog.