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On one hand, it absolutely deserves to be heard, because it is an example of a song breaking free of its form for the first time, in an organic way that everyone but the band seemed to know was possible. Contrast that with the Theme, which has never really "gone type 2" but which nobody could have ever expected would careen into some funk workout. It's a truly awesome moment for Phish, and 20YL, and the stock value of the Joy album. I don't discount it at all.
On the other hand, if you take that jam and tack it on to the end of a Disease, or Twist, or Ghost, then I don't think anybody talks about it that much if at all.
Which to me means that it earns the high honor of being the best version of a really good song, and that's no small potatoes. I am always glad to hear that song and now even more excited for the next one.