OK, so this is my 2nd attempt at working obfuscated code out, so it makes sense that I do another easy one.

Yes, the code all runs together, oooh scary...

It's all about the subroutines....

Sub - boiled down = result
-----------------------------
b - char(74)      = J
e - pack(U,65)    = A
0x63 - pack(c,80) = P
0x32 - chr(72)    = H (there's 72 little % signs there...)

I like the approach of using the hex codes as sub names & obviously leaving the '&' off the subs makes them less obvious.. Also, counting the garbage characters is a neat trick too.

Wait! This isn't a Parachute, this is a Backpack!