Is this as intensely anti-Semitic as it seems?

Those hats?

I saw this awhile ago. It was funny as hell, but yes, I'd say it's nasty. I mean, really, it does poke fun at a group. But, it was really, really funny. It's really no more bad as Weird Al's Amish Paradise. So if you kind of look at it like that. Nothing really justifies making fun of a group of people, but seriously, this is a funny video.