I mean, it's not that this wouldn't have been funny as a "Wacky Packs" type thing, but the idea of it as something wanna be gang members wear... outrageous.
After all, I must admit, it's well done. Much better done than those cheap "Elmo Smoking Pot" videos on youtube you find everytime you search Muppet or Sesame Street. I don't mind parody, long as it's well done, or political. A cartoon about the Muppets siging about AIDS that surfaced on the web years back was funny, but mainly because it was a joke about Kammy, the HIV + character on African Sesame Street.
Shell, I've even made a studen film (video, actually) called Monsta Crackhouse. While I did make a couple SS references (the segmwent was based slightly off of Monster Clubhouse, so I made a joke about certain elements of that, and I made a refference to Lefty), I intended it more as one of those pathetic SS ripoffs they have on Public Access Cable