Mike and Jay discuss the new found-footage-ish demonic movie Late Night with the Devil! But more importantly, they break a very important and rare VCR repair tool or something.

From studiobinder: Ultimate Guide to Film Terms...:

Flag
A Flag is a black, light-absorbing cloth (duvetine) stretched on a metal frame and used to block out areas of light in all different sizes.

Barn Doors
Barn doors is slang for the four metal folding doors found on all sides of a light. The barn doors can be repositioned to help direct light in a certain direction.