What you are seeing is a video created by Vancouver Film School student Ben Meinhardt through the VFS Classical Animation program. It features rabbit-like creatures dancing and having sex while one of them shoots out a rainbow from his behind. Wait for the “reality check” ending. For some reason I believe this video would be much more enjoyable when I’m high (not that I’m not enjoying the video without it).
Recently MTV commissioned Meinhardt to expand on this idea into “Perfectland” (Happy Tree Friends anyone?)