The Collaborative International Dictionary of English v.0.48:
Commentate \Com"men*tate\, v. t. & i. [L. commentatus, p. p. of commentari to meditate.] To write comments or notes upon; to make comments. [R.] [1913 Webster] Commentate upon it, and return it enriched. --Lamb. [1913 Webster]WordNet (r) 3.0 (2006):
commentate v 1: make a commentary on 2: serve as a commentator, as in sportscasting