Yes, this tune is certainly a lot of fun, and I would think all but the most tightly-wound among us would enjoy it.

If it became more widely popular, however, too-frequently requested by drunken punters anxious to shout out the designated "shouted" line, the nay-sayer faction (including musicians reluctant to perform it over and over again) would probably gain increased membership. In other words, it might fall into a category with "The Irish Rover," etc.