Composed principally of songs that would have appeared on The Velvets' unreleased fourth MGM album, this is only slightly less impressive than their first three LPs, striking a balance between the searing pre-punk of their first two efforts and the calm eloquence of the third. "Lisa Says," "Ocean," and "Stephanie Says" are some of Reed's greatest ballads; "I Can't Stand It" is one of The Velvets' toughest and best conventional hard rock songs. Some of the other tunes are slight (if engaging) in comparison with The Velvets' prime work. Many of the tracks were re-recorded by Reed on his early solo albums, and in every instance, The Velvets' versions are better.