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Right on, Chris.
I'm a big 2.0 fan, warts and all, because they weren't afraid to get naked, even if it meant sloppy, too. I prefer much of the "aimless noodling" of 2.0, with all of it's wild, growling and thumping power to a good deal of the somewhat boring cow-funk of '97. Don't get me wrong, I'm not putting 2.0 ahead of 1.0 by any stretch, just that I like the period a helluva lot more than many of my contemporaries.
Like @J D G said before you, 2.0 still represented an attempt to push the envelope forward.
Phish has found their legs again and has also found themselves without peer in a land crawling with wannabe's.