Now, I'm going to go out on a limb here, and guess that it's about some kind of theme park, like Disneyland. I've never been to Disneyland, I don't know anything about Disneyland, and I couldn't put specifics against the clues, but it's just what I feel is true.

> NOW HEAR SI TEH SONG!!!!!!!!111q
>
>
> Once upon a time I was the king
> Of a very magical land
> With princesses and a castle and even a moat
> And unhappiness was practically banned
> And I treated all my subjects with
> The utmost respect and care
> But when I hid inside my room up above
> IT was like I wasn't even there

This makes me think of the castle image that is on all Disney advertising.
>
> 'Round the turn of the century -- no, not now
> I meant the earlier one --
> There was a train station and a Christmas tree
> And the movies where you'd go to have fun
> And the President spoke from beyond the grave
> And a man in a hat played piano
> And when you rode down the street to fight a nonexistent fire
> You could see my dad's contract in the window

Possibly to do with some of the attractions? I know there's a lot of animatronics, but I don't know any specifics.
>
> But then you waited seven hundred years
> So you could fly off to the moon
> With flights leaving in the morning
> At night and in the afternoon
> See the sunken graveyard and the cross-eyed snake
> Or see the modern house of today
> And you could fly in flying saucers but eventually
> They up and flew away

As with any theme park, there are a lot of different themes future/past etc.
>
> Later I was drifting on a boat with no sails or oars
> I was surrounded by shrieking little boys and little girls
> Like listening to the tower of Babel, each one politely instructed me
> On the state of our crazy little world
> And the boat makes its way to a quaint little town
> Full of murdering rapists and thieves
> And a little girl who later became famous
> Lived in sticks among the trees

Isn't that one of the rides? Especially the "shrieking little boys and little girls".


>
> And the circus was in town but it left very quickly
> Taking its Ferris wheel with
> And every house and store, every store and house and store
> Is based off a centuries-old myth
> All the subjects in my kingdom were happy
> And everything was going well
> But then the very worst thing that you can imagine happened
> And from then on things weren't so swell
>
> When I died
> And they cried

Speaking of Walt Disney's death?
>
> So right away they built a graveyard for me
> And I'm buried next to I. P. Freely
> There's a man in the house, kind of tall and pale and thin
> I try to talk but all he does is move his head and grin
> And a worker got her head stuck in a ball
> And another woman was killed in a fall
> What's happening here? Where did the ceiling go?
> Hey, look at that guy -- oh no, oh no, oh no
>
Don't know about this, were there some accidents there?

> And the bears and the bunnies, we resurrected them all
> And we freed the slaves into the waterfall
> Though you'll never see him, that is true
> The man on the train can still see you
> We force the bears to get up, dance, and sing
> And the People for Ethical Animals don't say a thing
> No one really feels like seeing the bears
> If it weren't for the waterfall I'd say nobody cares

Animatronics again?

>
> In the north end of the kingdom there is a brand new town
> With gallons of bright paint just dripping all around
> The pied piper took all the mice and every kid
> And apparently this new town is where they all were hid
> A bunny and a lady shun that which is green and fizzy
> A good idea, since it's making my driver get all dizzy
> And we'll ride around on TinkerToys like we don't give a darn
> Just stay away from the house, though, because a mouse is in the barn

New stuff there? And could the mouse be named MIckey?
>
> Times have changed and many battles have been fought
> Right now there's a grizzly bear in a parking lot
> The world-famous light bulbs are no longer turned on
> The bus system of the future has already come and gone
> There's another movie theater but this one has color flicks
> And you can ride back to the Orient on a space train just for kicks
> The little famous girl in the tree no longer lives up there
> Instead there's a long-haired youth who likes to surf on air
>
> Once upon a time I was the king
> Of a very magical land
> With princesses and a castle and even a moat
> And unhappiness was practically banned
> And I treated all my subjects with
> The utmost respect and care
> But when I hid inside my room up above
> It was like I wasn't even there
>
> -Eric "The King" Sleator
> Tue 10 Jul A.D. 2001

Don't know if I'm on the right track or not, but hey, it was fun.

ding"I see weird people"dong