I believe this song is about MP's rise to fame with Sex & Candy and their encouragement for other small bands to follow their dreams. They danced with the devil, through all the ups and downs of the rock & roll business. Instead of staying at the top, they didn't dwell in their contentment or listened to critics by churning out pop songs. They found the real pot of gold; the happiness of creating the music they love and walking their own path, even if they are no longer "hotter than the sun."
I believe this song is about MP's rise to fame with Sex & Candy and their encouragement for other small bands to follow their dreams. They danced with the devil, through all the ups and downs of the rock & roll business. Instead of staying at the top, they didn't dwell in their contentment or listened to critics by churning out pop songs. They found the real pot of gold; the happiness of creating the music they love and walking their own path, even if they are no longer "hotter than the sun."