First on-screen arrest of Steven and Elyse Keaton for demonstrating. Up to this point, and in many other episodes, Steven and Elyse reminisce about their demonstration arrests.
First appearance of Elyse Keaton's parents.
The USC-Notre Dame football game is depicted as being played on Thanksgiving Day, but that game is traditionally played on the Saturday after Thanksgiving when, as in 1982, the game is played in the Coliseum in Los Angeles; when Notre Dame is the home team, the game is played in October. (USC won 17-13 in 1982, making Alex's prediction - not Jennifer's - the correct one.) Also, assuming a 1:00 p.m. start time, the game would have run from 4:00 to 7:00 local time for the Keatons, and would not have conflicted with the normal soap opera lineup. And the planned dinner time would have been rather late.
The title is from the old proverb "No news is good news."