Sir Nutalot is a spoof off from Final Fantasy 7, Super Mario Bros., The Legend of Zelda, and Donkey Kong (which in a bonus round!) I know that Coconut Fred want to save a princess (which is Mr. Greenrind - he dress as a pretty woman!) so they go on to the new video game history. Did you know that?! Those monsters from The Legend of Zelda wants to tell some riddles, a big oger (not from the movie Shrek!) wants to find an eye to make him feel better, next Coconut Fred use some cheat codes to go to the last level (Mario pipes at the top.), he use some treasures to destroy the monsters and the evil guy down to the alligater pit, and finally he save the world with princess Peach and live happly ever after. But he said wants to go to the bonus round, it transform into a classic NES arcade game called Donkey Kong, also Coconut Fred and his frends wants to play and also Mr. Greenrind is a Donkey Kong and princess Daisy dress look like funny too.
If you like the Coconut Fred's part, watch the classic NES funny version of "Sir Nutalot!"