If you're a credulous fellow like me, you might actually believe this was a real kid's show in the '70s and '80s. Too good to be true? Absolutely. Juvenile? Extremely. But funny nonetheless. Wait until the little TV screen loads and push the yellow button.
UPDATE: Upon reading the entire Boingboing post, it becomes clear that this particular episode was a put-on not meant for broadcast, kind of a gag reel. Still nutty, though.