I find this song endlessly entertaining. Whether you remember the old Final Fantasy games or not (I'm only old enough to have grown up with VII), I think we can all appreciate poking a little fun at the sadistic nature of the average videogame protagonist. I mean, look at Kirby. He's senselessly devoured countless hapless creatures and stolen their essences. This seems, frankly, kinda evil; and all King Dedede ever did was take his little wand thingy.
But ultimately I guess a protagonist is only as good as his player.