To review, the reason it's a poem is that it conveys an emotional response, a certain set of emotions, to the reader. Now Hugh, with his classical education (which I seriously envy) and having grown up in a decidedly different era, might not be familiar with the factual background to what I just said. It is just so common for modern men (or women) in moments of frustration to say "fuck-fuck-fuck-shit" as they engage in various sorts of body language. Victor has taken that and arranged it spatially in stanzas, giving a humorous formalistic twist to it that tickles my funny bone endlessly and comments on modern society at the same time. That, to my mind, is a poem, and a good one.
If we take Hugh's word for it that fuck has been part of the formal language since 1965 (that's nearly half a century, and actually the date would be much earlier in a more reasoned view), and if we accept that the word is no longer even obscene by formal standards in this context, then the bathroom wall argument tends to lose force. But this is even more true when we consider the precedents to Victor's poem in modern and post-modern poetry, and their successors. For just one example, Amin Baraka (LeRoy Jones) did a great deal to experiment with the music of the spoken word and the relationship between poetry and music as a way to break out of barriers that had grown up over the years. His use of fuck and similar words was groundbreaking and often beautiful.
Probably since Ginsburg, the idea of writing epic all-encompassing poems to describe everything about your life, down to your fingernails, is not in vogue any more. Ginsburg did it so well he more or less shut the door on that. Ferlinghetti still does it, we see that in Charles Olsen's outlaw poems a bit, but otherwise it is not the done thing. Today the overriding goal is to express the blood and bones of a discrete thing in the here and now. And that's what Victor has done here, with playful and interesting effect.
So yes, I agree with Emma that this is a good poem, though it does not look like Shakespeare or like Walt.