Thnks Fr Th Mmrs

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Ah, yes. This song. People who hear this on the radio have no idea it's about a gay summer fling/affair.

One night and one more time
Thanks for the memories
Even though they weren't so great
"He tastes like you only sweeter"

They only had their relationship for a summer, so "one night and one more time" shows how short it felt.
Pete wrote so many songs about Mikey, so it makes sense he would say "Thanks for the memories". That line has a bittersweet feeling to it. One tone is "thanks for making me think about you all the freaking time!" and another tone is "thanks for making this a beautiful summer."
"Even though they weren't so great" goes back to the bittersweet tone. The memories are a little ruined by the end of their relationship.
"HE tastes like you only sweeter." How heterosexual of you, Pete.

And then there's the little line: One night stand. That goes back to "one night and one more time", how it felt so short.

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