is it a Madona/like a prayer reference? also, the white back drop in some of those scenes reminded me of the "i'm too sexy" video. and of course, there were the unmistakable American Beauty petals.
personally, i like the 'what what' studds on the pants the best. i can picture tim & eric wearing them in that dance scene "do do do do" but, maybe that's just because i think both t&e and this 'what what' thing are like hyper weird in a psychadellic/strange way. maybe that wasn't an accurate description. i dont know how else to explain it.