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The title is a sexual play on words. The lyrics describe a cocktail ball, but there is obviously a double meaning.
AC/DC takes the music much more seriously than the lyrics to most of their songs. They often rattle off humorous lyrics so as not to be taken too seriously. Chuck Berry is a major influence on their lyrical style. He wrote many songs with highly suggestive lyrics, but presented them in a comical way so they did not seem offensive (see "My Ding-a-Ling
Radio stations sometimes play the song together with "Rocker" because it's right after this on the album and the song starts up right away. Radio DJs just let the next song play since both the songs are short. (thanks, Nick - Paramus, NJ)
An AC/DC tribute band from Norway and another from Texas are called Big Balls. (thanks, Brett - Edmonton, Canada)
Curt Kirkwood of Meat Puppets
The (Meat)puppetmaster takes us through songs like "Lake Of Fire" and "Backwater," and talks about performing with Kurt Cobain on MTV Unplugged
Jon Anderson of Yes
From the lake in "Roundabout" to Sister Bluebird in "Starship Trooper," Jon talks about how nature and spirituality play into his lyrics for Yes.
With Bernie Taupin, Martin co-wrote the #1 hits "We Built This City" and "These Dreams." After writing the Pretty Woman
song for Go West, he had his own hit with "In the House of Stone and Light."