Kman,
Did you read this part?
"After laughter from many in the crowd of at least 200 subsided, the former first lady continued, "No, Mahatma Gandhi was a great leader of the 20th century." In a nod to Farmer's underdog status against Republican Sen. Kit Bond, Clinton quoted the Indian independence leader as saying: "First they ignore you, then they laugh at you, then they fight you, then you win."
Mind you I wasn't at the Lott speech, nor would I ever want to be in my lifetime, but I doubt he's follow up his racism with a noble compliment like Senator Clinton did. The follow, incidentally, clearly shows the context of the comment, albeit it a stupid and ill advised joke, as a joke.