(And yeah, I remember the taste of it, too. I've "eaten" through my share of these pens as a kid. It's the one pen you can't bite on, unless you like having shards of orange plastic everywhere.)
It's also magical in a big way - it's almost as if it were enchanted with a "handwriting: -10" debuff, because that's what happens when you try writing with it, relative to anything else (including pencils and crayons). To this day, I occasionally wonder, how did they manage to achieve that distinct effect.
In my circles, BIC as a brand is basically the stuff you don't buy unless as a last resort, whether that's ballpoints or razors or anything else.