The live album is clearly, simply one of the greatest live records in the history of rock. With that, the discussion can be considered closed.
The studio work is the most experimental and least accessible (though not entirely inaccessible) of their career, but it contains some of their most fascinating and interesting compositions. Among these, the one I like the least (but still at an excellent level) is Gilmour's, while the Watersian duo between the cacophony and extreme experimentation of "Several Species Of Small Furry Animals Gathered Together In A Cave And Grooving With A Pict" and the relative lightness of "Grantchester Meadows" is remarkable. The parts by Wright and Mason are of great quality and suggestiveness (perhaps the most surprising).
A central and fundamental work of the Floyd's underground period and among the avant-gardes of the time.
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