There are some tittering laughs throughout from the audience, but overall he handles it impressively well, considering the eternal angst he had every right to feel. He shows a solid mixture of self-effacing humor, understandable disappointment and honesty. And Letterman treats him with great respect.
The interview took place on July 14, 1982. It's in two parts, and they show run together. It runs for about 11 minutes.