Episode Twelve : Cure for the Small Clown Blues

The Penultimate track of Carnival of Carnage is here! Ghetto Freak Show raises questions about the clown life cycle, as well as clown nature vs. clown nurture, set to the smoothest beat so far.
All of which does nothing to excuse the homophobic language that tried to sneak by 14 tracks into the album...
How does it rank compared to the other songs?