Fabulous & Funky.
The scene transitions are fantastic, most of them are utterly hilarious. And it show how these trends and styles evolve: some kid watching the big stars decides to try it out on his own adding a new flair, and then that becomes the bar for outrageous and then some new kid repeats the cycle. There's this dichotmy about the stuff on TV, how it's both cool and uncool at exactly the same time and this MV represents that very well.