Taken in by form the I/i eye formulates

[ what formula, you ask]

Identities of ideals interred in ivory

[but ebon butt, they like]

Towers the Titan while the gargoyle glowers

[oh come on now, that is way too OTT]

In man's Medusa-gaze life's varied beauty is stoned

[all the perfumes of arabia forsooth, call the ....phobe police]

Midas with goldey-locks minted the darkest of deeds

[the three bears  to market - crash!!!] 

Yet still to these alien sepulchres so whited, 

[flicks the net, such games not sacred]

In awe the slaves still remain in awe, benighted

[well then...maketh not ye head nor tail?]