Sentence:  Like the Apartments, the supports hadn't written many songs of their own. They ran on that old standby, “fun,” in the form of “<WSD>punked</WSD> up” versions of pop songs like “It's my Party,” alongside obscure new wave/punk covers such as Lene Lovich's “Cuckoo Clock.” 
Meaning of the word marked with <WSD> tags:  To adapt or embellish in the style of the punk movement.