I would argue that the more important feature of the musical episode is its ability to give characters a heightened narrative voice -- it's not so much what they're saying in the songs as how they're saying it. The characters are more swift and uninhibited; moreover, singing gives them an outlet by which to "own" their relationship to and their prominence in the episode (for example, when Anya says to Xander, "this is my verse!"). It's not just that the characters are more self-aware because they're singing, and it's not just that they have varying degrees of awareness of what other people are singing about -- more than that, song gives them a way to position themselves narratively within the episode in a more subtle, colorful way. I think that pretty interesting! It also lets them infuse meaning -- the jazzy demon who holds Dawn hostage uses song to add dissonance to the word "hell" and cheerful airiness to the word "heaven."
Yeah. Each character has his or her song type. I don't know a lot about different type of song and what each type means. But, I could see distinct music style applied to each character. As Allison mentioned, the demon has the jazz type music. Xander and Anya had broadway type music. Giles' music was much more monologue style.
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