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You can't watch social skills, you will only learn and become "witty" by experience. Most of what people know is what others said, so you will need to have lots of interactions and build a database of wit, and then know how to use it by being social.
I have to agree with Molson on this, you gotta learn how to think on your feet by standing on your own feet. But sometimes I pick up little tips and stuff from standup comedians and improv comedians who are like the masters of thinking on their feet. Just spend a half hour watching "Comedy Central Presents..." if you're bored and see if you find any responses you'd like to use. Hope this helps.