This goofy song would be the perfect opening theme for an eighties-style cartoon. Imagine Hyper Camelot, a show based very loosely on the Arthurian legends, in which King Arthur, Lancelot, and the other Knights of the Round Table fight with courage, chivalry, and the power of friendship™ to protect Avalon from the forces of evil. Pandering to misplaced nostalgia for the cartoons of our childhood, such a show would be packed with terrible one-liners, cheesy life lessons, and spectacular explosions.
I… actually kinda want to watch this show.