Lyric discussion by kborys 

Cover art for New Toys lyrics by Cooper Temple Clause, The

I've always that this was about self-injury, or maybe self-injury used as a metaphor for something else... This part especialy: "And I'm carving my own little master piece Go ahead cut deep but don't tell the boys"

Oh, and I also think it has something to do with people turning their back. The lyrics are very detatched and remorseful.

Yeah. and I agree with the whole idea of the friendship breaking