Having lived and been part of the 80's folk scene, I am not as up on who was supposed to be whom in the movie. But I can echo Amos' sentiments..I was chuckling from the first moments of the soundtrack and cracking up throughout the movie. My first husband lived through all this stuff and so I had some second hand experience of the time period. (But, even folkies of today have some of the attitude that the movie parodies.) My daughter is 19 and also loved it! I think if you've been involved in folk concerts from backstage and on stage, planned and been involved in festivals, done a folk radio show, etc. you just GET IT!
I applaud the writers and all who pulled this off with so much warmth. Being picked on never felt so fun.