Lyric discussion by monkeypeas 

Cover art for Into the Woods lyrics by My Morning Jacket

ive searched the whole internet to see if anyone else suspected this but when he says "the soul of the hottest kind of lover I've ever seen, E, One who lives to choose another fool's dream." is he referring to E from the eels, sounds like him. Im a huge E fan so it meant so much to me when i heard this, Eels and My Morning Jacket are as good as it gets

He did commented on this when performing it live in 2007, saying that:

"When I went to the UK college my roommate's name was Todd and he was very intelligent. We used to have this saying, whenever we would say something that we really liked we'd say eee. Like if a hot girl walked by, eee that girl is hot. So in this song, there's a place where I do that"