yeah it does poke a lot of fun at emo and the people that classify stuff as emo or not. it also makes so much fun of pop culture. beb sagat is god, kelly osbourn tries to eat you, you can box either bush or hulk hogan, creed has a space ship, you fight sum 41, you have to fingerbang mandy moore (lol), you kill hitler, you fight skeletor in space, etc. overall, pretty ridiculous and a good waste of time but highly entertaining. the end movie is kind of graphic though so all you kids, don't play it when your parents are in the room. i doubt they'd approve.
i haven't played the second one, but i imagine it's just as crazy but this time with loads more characters.
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'That's what Punk is to me. The near final understanding that the world is ours, and that we only have to realize it to make it so.'
-Ben Bormann