I love this ad.  

It appeals to me for the obvious reasons of it being creative and amusing, and the fact it gives a modern twist to an iconic ad (nostalgia is a wonderful thing isn't it). 

But it also appeals to me as an advertising lawyer. I have had no involvement in the ad, and don't know which permissions were sought - obviously I assume the music was licensed for this purpose - but it seems to be a great example of a brand and their agency being brave enough, if it came to it, to rely on the parody defence to ward off any potential copyright infringement claim by Coca-Cola.