There is much geek history in this mashup. If you want to read up on it all then Know Your Meme is a great starting point. The original skit (no visuals) came out while the annoying mainstream media was worrying a lot about games like Dungeons and Dragons. The original broadcast was toped and tailed by a man warning of the dangers of D&D.
Here’s the My Little Pony mashup!
For the interested or those who can’t watch any My Little Pony without suffering from exploded eyeball syndrome here’s the original soundcast.