In the past, such a video might have been passed around as a jokey, pre-viral piece of local news hilarity, kept alive by circulating VHS tapes in north Alabama.
The Internet, however, provides many opportunities for creative interaction. First, we get the basic remix, which would have been the result of the YTMND community a few years ago.
But the real genius starts with the Auto-Tune The News guys, who add an extra layer of awesome on top. This kind of reorganization and reconfiguration of the original video is exactly what makes creativity on the Internet so potent — a discussion through creative production at lightning speed. Again, this required the proliferation of recording technology, as well as Auto-Tune itself.
Then, the cover versions follow, creating a continuum of reimaginings.
Sure, this stuff is trivial, but it points to the direction that mashup culture can take postmodern culture. When one looks at the instant mixtapes and remixes that hip hop can generate, or the near synchronous news production and commentary, one sees the future, for better or worse.