Teenage Dream

Is anyone else baffled by the mainstream acceptance of Katy Perry's Teenage Dream?  Here's a sampling of the lyrics:

You make me
Feel like
I'm living a Teenage Dream
The way you turn me on
I can't sleep
Let's runaway
And don't ever look back
Don't ever look back

Fine, I know, most pop music is not exactly popular for brilliant lyrics.  What is more offensive about this song is the following:

1. The background music sounds exactly like California Girls, that has been a defeatingly catchy hit that even I can't deny.  The only difference is the lyrics are sung in half-time.
2. The chorus, as already referenced above, is painfully, horribly, tortuously slow.
3. The lyrics.... living the teenage dream?  What does that even mean?  Other moments of lyrical horror: I finally found you, my missing puzzle piece, I am complete.... I might get your heart racing in my skin tight jeans be your teenage dream tonight.  It's really almost creepy.