The funny thing about the song, at least to me, is that it very accurately and succinctly describes some of the stranger beliefs of the Mormon church. The LDS church does believe that God lives on a planet named Kolob, that faithful members will someday get a planet of their own, and that God DID change his mind about black people in 1978. The only thing that was a little questionable from the video was whether Jesus gets his own planet as well, but it's a reasonable inference from the fact that God has his own planet.
The Kolob Theorem, a Mormons View of Gods Starry Universe
Awesome song, Matt and Trey
Oh wait, we never did anything sick and ungodly like sex when my ex and I were married. We just sat in the bedroom at night and talked about the love of 
