For those that doubt that this song has seriously dark, depraved undertones try to reflect on some of the lines and all of the sexual innuendos (and keep in mind that 'pizza', 'chicken', and 'pasta' are all code words that pedos use when 'placing orders' for sex acts with children):
References to an erect penis -- "It's gonna be high like the Tower of Pisa", "Watch it rise like a soufflé"
References to a vagina and/or an aroused vagina --- fish, tacos, "whipped CREAM pouring like waterfalls", "Batter's up, catcher's ready" (getting ready to penetrate)
Then there are general references to wanting sex and the sex act itself ---- "throw it on top and make it finger-lickin'", "make it hot", "hit the spot" (G-spot), "Get your motors ready", "You think we should stop? No way!", "...put it IN (and not on?) the pizza", "...spreading it slow...cream...tongue", "I'm gonna scream!", "ready to serve", "Gimme pizza", "I want pizza", "Hey, are you ready to play?"
Why is no one putting normal stuff like cheese, pepperoni, onions, etc. on this pizza?! Also, I think that "hold the eyeballs" could be like covering the kid's eyes maybe. It all seems so elaborate and a little odd for a simple kiddie pizza song. If I missed anything or got something wrong let me know.