Why Betty White Is Perfect for SNL

03/17/2010 AT 01:00 PM EDT

When you've got it, you've got it. And Betty White's got it. Saturday Night Live has picked a host who not only knows how to get the laughs, but is admired by the sketch show's cast.

When it comes to her knack for comedy, White's opening skit on Tuesday's Tonight Show, in which Jay Leno walks in on the 88-year-old actress showering in her dressing room, is case in point.

"It's okay, Jay, I'm not shy," White tells an apolgetic Leno as she peers out from behind the curtain and smiles innocently.

"Neither am I," says Hugh Jackman, poking his head out from the other side of the shower. "Can you pass me that loofah?"

Her frank and effortless comedic timing has White's SNL costars a little starstruck about the Golden Girl hosting on May 8.

"She is a legend," Will Forte told PEOPLE at the South by Southwest premiere of MacGruber, an action movie spoof spin-off of an SNL skit. "I am just so excited she is going to be on the show. It just feels right."

Fellow cast member and MacGruber star Kristen Wiig is equally enamored of White. "I don't get star struck very often," says Wiig. "But I know when I meet her, I will get emotional on the inside. I love her."

She adds: "Even in interviews, she is so funny. I so admire people who say what they say and don't care what people think."

White was invited after a Facebook campaign attracted nearly 500,000 supporters demanding that the comedian be an SNL host.

"I can't believe she hasn't been on the show before," says Forte. "Everyone on the cast is so thrilled. It is going to be an electric week." Set your TiVos!

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