Adam McKenzie and Tegan Higginbotham have created a conspiracy-laden narrative that gives them a chance to flex a wide variety of comedic muscles, from sharp, witty dialogue, to video pieces, slapstick and physical comedy. They've even left in enough room for a little riffing, which will help keep the show fresh night after night. Kudos must also go to the show tech, who kept the various multimedia elements of the show running without a hitch.
In conclusion, Watson's Super Secret Awesome Show was, IN FACT, both super and awesome. It should not, however, remain a secret. So go see it!