David Letterman, CBS (California Big Shot)

By CHRISTOPHER JOHN FARLEY

To New Yorkers, DAVID LETTERMAN in Los Angeles is like Joey Buttafuoco in Paris. It just ain't right. But despite Letterman's decision to remain in the Big Apple, an inside source says a move to L.A. may have only been delayed. The latest scenario: Letterman will debut his new CBS show in August in New York City and take it out to L.A. for brief visits, and after about a year he'll decide which coast feels better. And what about the 4 million bucks CBS shelled out to buy New York's Ed Sullivan Theater for Dave? Says the source: "A small amount of money in the scheme of things."