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Ross Mathews is no longer living large.

"I went shopping, let me tell you how fun that was!" the Chelsea Lately panelist gushed to E! News Tuesday about the experience of buying a medium-size jacket. "Just about everything's better—you feel better, you look better, s-e-x is better, everything's better!" he exclaimed. "I know that sounds super cheesy, but I mean it."

The E! red carpet regular, who started off hilariously (albeit heavier) as a correspondent on The Tonight Show, has shed 40 pounds and was at NYC's Lincoln Center to pay tribute to Jenny Craig for helping him drop the weight.

Obviously Mathews is thrilled, but what has his boss had to say about his transformation?