Regis Philbin's replacement on ABC could be Rob Lowe, reports say.

Lowe just finished a two-day stint guest hosting with Kelly Ripa and an ABC source says the top network brass "loved the chemistry between them."

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With ratings down last season, Dancing With the Stars is under the gun from ABC to live up to its name and land a buzz-worthy crop of contenders this spring.

J.R. Martinez, last season's winner, proved enormously popular - once he was cast on it. He was probably one of the least-known celebrities prior to the show.

The day has come. Regis Philbin has taken a seat alongside Kelly Ripa on Live for the last time. At his farewell press conference yesterday, he reflected on his exit.

"I feel pretty good," he said. "I'm not saying I'm gonna feel as good on Monday down there in Miami, but right now... I wasn't looking forward to this moment."

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It's official. November 18, 2011 will the final Live with Regis and Kelly.

The last with 80-year-old Regis Philbin at the helm, anyway. They could keep his name in the title, although that would just be plain misleading.

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