Heh... i like the use of the Smiths song, and it is rather amusing. The fact that it makes use of an OSX UI element situates it firmly within the culture of Apple/Adobe/Macromedia 'creative' technology in my view, which, to me, essentially makes it an in-joke for Graphic Designers, and not really all that interesting in a wider cultural context. Still, made me giggle.
http://www.youtube.com/watch?v=PrAW8-ffN_0
http://moma.org/collection/browse_results.php?criteria=O%3ADE%3AI%3A41&page_number=708&template_id=1&sort_order=1