People

By Spencer Davidson

Cleverly crafted out of latex and foam rubber, the cast of caricatures ranges from Ronald and Nancy Reagan to Barbra Streisand, from William ("the Refrigerator") Perry to Charles Bronson, from Walter Cronkite to David Frost. Oops, Frost is actually the only real person featured on a special version of Spitting Image, the weekly satirical show of puppets and circumstances that is one of Britain's most talked-about TV programs. The two-year-old series is either adored or abhorred for such presentations as a Christmastime satire of the royal family regally addled by holiday cheer. Last week work was finished on two new made-for-America segments about "The Faking of the President," to be aired by NBC in late spring. U.S. audiences, says Frost, "will either love it or wonder what the hell is going on." Probably both.