Crossword Genius

New hotpot for old eccentric, overjoyed (2,3,2,3,5)

Ross

I believe the answer is:

on top of the world

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'overjoyed' is the definition.
I don't know anything about this answer so I can't tell whether this works.

'new hotpot for old eccentric' is the wordplay.
'eccentric' indicates anagramming the letters.
'new'+'hotpot'+'for'+'old'='newhotpotforold'
'newhotpotforold' anagrammed gives 'ON TOP OF THE WORLD'.

Can you help me to learn more?

(Other definitions for on top of the world that I've seen before include "Elated" , "happy" , "Penguins aren't" , "as a successful North Pole expedition?" , "as a polar bear, but not as a penguin?" .)

I've seen this clue in The Daily Express.
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