Hmmm, I've always dug that there are two different interpretations. I heard the SAW2 version first and then the Peel session soon after it started circulating on Napster circa 2001, ever since they've both seemed complementary for me. Not sure what happened in terms of chronology but I could definitely see James having initially composed it with the beat (kinda sounds like Donkey Rhubarb or ...I Care early 90s pre-SAW2 equipment, to my ears) and then mixing the beat out for the SAW2 album later.