I had a realization while reading this thread. It's not only during the great moments that determine the best hosts, it's also during the uncomfortable and awkward moments. Dick had to thread the needle very carefully in that statement that was A) taking away a contestant's money after the contestant thought they earned it, B) the argument between the judges and standards and practices, and C) the possible gray area got opened up during the argument. I read that explanation in Dick Clark's voice, and I heard the sincerity in every word.
This moment heightened my standing for Dick Clark, and it was already very high. The last time I heighten a status for Dick Clark was watching a Blind Contestants week on 80's Pyramid. They were in the Winner's Circle going for $25,000. At one point before the top box was revealed, the guide dog got on all four legs and started moving. The dog looked spooked in the setting. While the celebrity and contestant was trying to get that final box for $25,000, you could see Dick's hand coming out of frame slowing petting the dog to calm it down but not interfering with the game going on. A few seconds later, the $25,000 was won. I'm not sure if Dick's quick action helped the celebrity and contestant in the moment, but he sure as heck prevented a moment becoming more awkward and possibly affecting the game.
Dick Clark is the best host PERIOD. Not game show host, but host period. That's my story and I'm sticking to it.