Suffer the Little Epiphanies
A: I never really understood what Skeletor brought to the table in Masters of the Universe. I mean there was a lot that was very clear. The Prince was obviously the effeminate but closeted gay man, the apeman represented the "Bear" look, the Sorceress was Cher, Man-At-Arms was the caring older first lover for He-Man the Prince, the cowardly lion represented the very specific fear of coming out of the closet, Battle Cat represented a wholehearted embrace and pride in one's sexuality, etc.
B: Skeletor represented the hostility of the dominant culture. Poor He-Man, who had come to grips with who he was, and rode his pride (i.e., Battle Cat) around the countryside, only to be harrassed by Skeletor, who made it his sole purpose to destroy He-Man.