Milf Island Storyline in 30 Rock

In 30 Rock there was a storyline where Jack superimposes Jerry Seinfeld into his "Seinfeldvision" programming and Jerry is the host/spokesperson for a show called Milf Island and a dozen other NBC shows. Naturally, Jerry finds out and gets upset. Jack threatens Jerry with a lawsuit and Jerry counter threatens to buy NBC at which point Jack realizes NBC could be bought for 4 million dollars.

Does any of this sound familiar? 

And yes, there is a show called Milf Manor running on TLC right now.