For a show that really, well, sounds pretty awful on the surface of things, I always found Mighty Max strangely captivating.
Well, I tried to break it down. I decided that since--in the end count--the show makers were simply out to market a toy line, they designed the show by committee, as it were, to be archetypally appealing.
Well, I actually broke it down in a Freudian/Jungian sense once, many moons ago. It went something like this: Virgil is the superego, the brainy but ineffectual and preachy overself. Norman is the id, this muscly mass of power and aggression. And Max is the ego, you, as it were.
He pops on the hat, which is his persona (Lat. "mask"), and fights Skullmaster, the ultimate shadow archetype. And there ya have it.