Yes, The Touch by Stan Bush is as cheesy as it is cool. It's probably cheesier. But it's a whole lot of fun, and there was that point there where a purple-draped Saint's Row title, a Shadow Warrior reboot, and a bit of Far Cry content went all in with referencing it. In one case, you could listen to it on loop for as long as you darn well pleased.
So let us all pretend that this is honour of the newly-arriving Far Cry 5 and just enjoy the guilty pleasure.