The song was initially written Ken Ferrier & Antoni Chan. Here is another version on a website: http://www.vvc.edu/ph/TonerS/mathpi.html
I've used this in class to remind students a few facts about pi as well as take them through a short history of the number Pi.
- Pi is defined as the ratio of the circumference of a circle to its diameter.
- Pi is a constant.
- Pi is NOT 22/7 nor is it just 3.14 or 3.141. These are approximations we use for the sake of easy calculations as they won't affect the accuracy of our answers much.
- Pi is irrational (i.e. you cannot represent it as a fraction nor can you express it as a recurring decimal.) Well... you can represent all recurring decimals as a fraction.
I recommend using this song as a memory aid if you really want to impress people with how many sig figs you know pi to. (Just don't go challenging Daniel Tammet... his record is 22,514 digits)