Quoting from Tonyrocks.com:
"The one I’m talking about was created in 1992 by the demo group Spaceballs titled State of the Art. Watch the whole thing below and keep in mind that the machine that this ran on only had a Motorola 68000 CPU running at 7.5 MHz. No math co-processor, 320X200 resolution with only 4096 colors. The graphics and sound and complete demo run off of a 800k 3.5″ floppy. You’ll see the cool silhouetted looking characters dancing to some wild music. Very similar to iTunes commercials."