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ABBA is silly music to be treasured for that reason. Any group that can turn a nothing song about a teenager into a three minute pop opera ("Dancing Queen") has a unique sensibility, like Phil Spector in his heyday.
Speaking of sensibility, I've never enjoyed an ABBA song as much as the drag queen version of "Mamma Mia" featured in Priscilla, Queen of the Desert, with Guy Pearce and Hugo Weaving giving it their all.
Just perfect.