It was meh. Good, but easily forgettable. I don't think that the people over at Nick knew what the song "Milkshake" meant though.
"Oh, it's a song about milkshakes! Use it in the promo for the new SpongeBob episode about milkshakes!"
"But sir, shouldn't we listen to the lyrics fir--"
"WHO CARES ABOUT THE LYRICS?! IT'S ABOUT MILKSHAKES!"