The title is a play on the song "Asleep in the Deep".
Wile E. Coyote's lookalike cousin, Ralph Wolf, is featured here. He lives in the very latest automated home, which is reminiscent of his coyote cousin's self proclaimed genius abilities. The way to differentiate the two is by Ralph's red nose and red rimmed (at times) eyes.
The album Ralph plays for Sam is a spoof on the single and album, "Music to Watch Girls By." The catchy tune was first heard by Bob Crewe as a proposed commercial jingle for a soda. It is played in a Tijuana Brass style, which was hugely popular at the time.
Acme products are once again the choice for the very latest in gadgets, as shown here.
Ralph uses a Rube Goldberg type of mechanism to get himself to work on time. These contraptions were quite popular at the time, with the board game Mousetrap making its debut the following year.