>3)?uestlove wears a toupee made of pubic hair to replace the
>pubic hair he's missing on his head, because of item 1.


The joke is that ?uest has a large afro and that he makes merkins out of it. Hence the Spring's hottest styles.

I don't care one way or the other. Smigel's Triumph schtick is that he's an insult comic. So it's supposed to be insulting. But how can you not see the joke here?