Up for debate, according to his bandmate, and his own words:

“Ha ha, very funny,” he says. “Look, as I’ve always said, it’s not my fault the bad guys had the best shit. But by collecting Nazi memorabilia, it doesn’t mean I’m a fascist, or a skinhead. I’m not. I just liked the clobber. And let me tell you, the kind of people who do collect this stuff, they aren’t yobbos either. They are people with Masters [degrees], they are doctors, professors. I’ve always liked a good uniform, and throughout history, it’s always been the bad guy who dressed the best: Napoleon, the Confederates, the Nazis. If we had a good uniform, I’d collect ours as well, but what does the British Army have? Khaki. Makes them look like like a fucking swamp frog…”

You’re free to make your own judgements of course - I personally disagree with him about the aesthetic being reason enough to start a collection, and for the record, fuck Nazis. I just like the song - goes well with drinking and being pissed at my Dad.