I'll keep it short. The "play within a play' scenario, can, if very well done, be among the most interesting plot basis. It profoundly elevates Hamlet; or if you into more current entertainment, the mummers episodes in Game of Thrones are great -- intelligently exploiting the irony of alternative point of view.
But sometimes it is an absurd, narcissistic and empty trope. It is here.
But sometimes it is an absurd, narcissistic and empty trope. It is here.