I have never really cared for the earlier versions. It does not sound cohesive and focused. The official version is much better to me.
And as far as performances go, the LSFNY version slays them all.
+2. Not sure why some feel the performance is off JLB wise? He is spot on from start to finish, and didn't scream to hit the ending notes. The only thing AGAINST the live version is the intro is not reprised at the end, and the aforementioned batter's up. But to me the intro reprise is the bigger infraction. And I really like the slowed down riff at 17min or whatever. It works much better in that slower groove IMO.
So I did listen to the live version off of the NYC 93 show Ytsejam release, and also the same exact track (I think) off of ITC Taste the Memories today during my workout. To me, the official version is so much better. I miss the little unison to start the song, and after JP's solo section, that unison and the replay of the wah riff (which is before the reprise of the intro heavy riff on EP version) are missed. That unison actually was really good, and I rather have them used that instead of the fast wah riff unison before Batters Up and Simpsons. That said, I swore I heard a full version with "Mercy Fuck," and "Please don't go" all intact. But I don't know where. I swear it was not the ITC Fanclub CD of "What did they say?", and of course LFSNY drops Please Don't Go.
But the EP version just has so much more going for it. Outside of the mix sucking (see EP bass fill after heavy riff, and then LFSNY version). JM has a glorious mix on LFSNY, and it enhances it so much more. But of course the EP has the intro and outro, the cool riff before the main heavy riff, the heavy riff itself, and the intro instrumental is extended. I forgot where, but JP was playing a cool lead thing during vocals on the EP vs. original. The Another World/Don't need your sympathy is much better on the EP, as it doesn't exist on the original. JLB having space for those powerful vocals and melody is fantastic, and conveys the emotion perfectly. Then there is the 7 string riff after the blues styled solo section. And of course the outro vocals are expanded and much better on the EP (live on). And also, JLB is able to better perform the song live due to the recording happening after his stomach issues. The original version had some high notes/screams.
So what ultimately the original has going for it that the EP doesn't is the aforementioned instrumental unison part, and the preceding the backing of JP's solo blues part is much better. JP's solo in that part is also better than what was recorded IMO.