Lets see... it seems to me that some of the verses were sorta' put in as filler, assuming the "Exquisite Corpse" game was used to write this song, some of the filler parts were thrown in by the less lyrically adept (or out of sheer sense of humor) such as "Life is but a dream..." Although (2) definitely seems like someone expressing their misgivings about aging. (3) I would say was about someone being extremely ill or hung-over just looking completely horrid.
Lets see... it seems to me that some of the verses were sorta' put in as filler, assuming the "Exquisite Corpse" game was used to write this song, some of the filler parts were thrown in by the less lyrically adept (or out of sheer sense of humor) such as "Life is but a dream..." Although (2) definitely seems like someone expressing their misgivings about aging. (3) I would say was about someone being extremely ill or hung-over just looking completely horrid.