Meaning of this movie?

I've just been reading through some of these posts regarding this movie and it seems most people only see this movie as a puppets on crack. I think there is more to it than what you people give it credit for.
I'm pretty sure that Peter Jackson had more in mind than puppets with gore, i think more its puppets depicting human society and human nature, but just using puppets.

for Example:
The Fly represented the media, the Fox represented the gay community, the crocodile represented the drug/homeless section of the community, the rabbit was the entertainment industry, the elephant was an everyday commoner (going through divorce, and being a single father), etc etc etc.

Or was i just looking too much into it?

any thoughts anyone?

or has this been discussed elsewhere?