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...And isn't that old now, anyway? Really, it was funny for three videos, then funny when it was brought back, like, 17 videos later, but now it's just old.
The story, as simple as it could be, was when the creator yelled, "NO, STEVE!!!" as a red pikmin of random selection was eaten by something, followed by the creator mourning on about Steve and how brave he was through the rest of the video.