May Queen

I think this is fairly clearly about her infatuation with a guy, probably Nash Kato, who is out of her league, and nominally/ostensibly her friend (maybe almost a "frienemy"), but effectively aloof. "May Queen" refers to someone who is semi-exalted, kind of like homecoming queen. She is not saying he's gay, maybe instead that he's a shallow/vapid dandy/pretty-boy, "a rock and roll Ken doll". They see each other, and he is always surrounded by an always-different set ("the changing of Her Majesty's guard") of very good-looking but also-vapid women--"all of them hayseeds", which I take as a somewhat less demeaning alternative to 'bimbos'. So he is above her, in the sense of out of her league. But he sees her and asks her (maybe a formulaic set of the always-same) basic questions, either to genuinely hit her up for drugs ("Got any what?"), or else to make a joke of their standard banter, or maybe to tease her about her dope smoking. To me, a great little song, fairly simple, but with nice imagery and good music, maybe about the third- or fourth-best song on Exile in Guyville (which says a lot!).