When I was young, I had some sort of inexplicable bias against live albums. My thinking was, I guess, that live albums had neither the energy/electricity of actually watching a live performance, nor the polish and production of a studio album. And maybe that's true for shitty bands; I've certainly heard live albums where the songs sound just like they do on the album, only worse. But I've come to realize that the joy of a Neil Young live album is that his songs aren't dead, they are still breathing. Neil is constantly reworking his songs for a live audience; turning heavy songs acoustic, or turning mellow songs into hard rockers. And barring that, he's still going to explore the songs, no matter how many times he's played them. I'm listening to his solo for "Cowgirl in the Sand" as I write this, and I can hear him finding new ground, new avenues or ideas in the song he maybe hadn't explored before.
In addition to some excellent live versions of songs from Everybody Knows This is Nowhere, you get the very good "Winterlong" and "Wonderin'," and best of all is a rousing version of Witten's "Come On Baby Let's Go Downtown," an edited version of which Neil will later use on Tonight's the Night.