I see that many people are stating that Kapil could be a better replacement for this Show but I disagree. He is funny and witty but here are my points why he would be better host:
1- He is not really a Superstar - Many Egoistic people are on the Show who talk about Aukaat and all...Kapil is a Hugely Popular Comedian but he aint a Superstar(according to the B Grade Actors). I dont think a ego maniac like Armaan, Imam, Dolly or Manoj Tiwari would be quite if Kapil Rips them.
2- He is not Powerful enough - The terror of Salman is that he is well connected and Powerful..the girls dont want to be in his Bad Books (most of them are aspiring to be A level Actress) and the guys dont want that Random Call in the nights of a drunk superstar. Kapil is a sweet heart and hence his words may not be taken strongly when time is right (like when Aarmaan was told to behave himself).
3- He has a Popular Show ..why ruin it over this one - Bigg Boss has become the Punching Bag for Salman..All his HITS cannot save him from the brickbats he is getting for being bias... BUT he wiill survive not as a host but as a Actor because he has a fanatic fan following and will watch his movies regardless.. I dont think Kapil would spoil his extremely lovable show.
I think best host for this show would be :
1- Karan Johar - Very Gossipy and Funny at the same time - but his Hindi Power is a bit low and most of his funny side comes in English. But regardless he fulfills all the above criteria.
2- SRK - whether he will take a show from Salman stops me from naming him First. Else he is perfect and may (yes may) not be a bias figure because in his eyes ONLY He is a Winner.
3- AB JR- The Junior is more friendly than the senior. Abhi Junior sounds more funny and lets face it - he has all the time in the world.
4- Sidhu - Has been on this Show and can be fun to watch
5- Arshad warsi - Bring Back the First Season - Let Participants be themselves and dont be a Judge.
Any other Names??