In light of the importance of the issue, Matt Lauer spent way too much time asking Clinton questions about her e-mail. If he ran out of time, it was his fault, not hers.
Clinton came across as being competent, but not compelling.
Trump was rarely pressed during his part of the program, but he repeated several of his talking points that are absurd or obnoxious, including the following: (a) We should “take Iraq’s oil” (the issues that would raise, and the implications of it, will be discussed in a post in the near future); (b) He has a secret plan to defeat ISIS, and we should just have faith in it, based on his success as a businessman; (c) He can’t figure out whether our military establishment is a disaster or not, so he compromised by saying that he would listen to people who are more competent than the ones currently in charge; (d) He once again lied about his position on Iraq, but provided an interview date that disproved his own statements; (e) He suggested that President Obama was ignoring professional advice, based on his perception of the body language of his briefers, without providing any details; (f) He embraced Putin, as usual; and (g) He cited the resignation of the Mexican Finance Minister after his visit as evidence of his ability to be restrained and diplomatic, which makes absolutely no sense on any level.
Chuck Todd indicated before the program started that Clinton would be graded on her performance, and Trump on a curve. That is fundamentally unfair.
I don’t know how perceptive the average American viewer is. If he missed the points laid out in #3 above, thanks to Lauer’s failure to follow up, last night was probably a victory for Trump.