Notes: The band was introduced by Trey as the “Bob Dylan Band” before a jam that led into a short All Blues (the first known Phish performance; it was only about a minute long). Dog Log was dedicated to all of the dogs that are running around -- including Marley the Wonder Dog. Possum included a Music Never Stopped tease.
A very standard-fare show from 1986, and up until this point, if you've heard one show from pre-1986, you've heard them all. Still, this show is worth a listen anyway. AC/DC Bag is very slow, Quinn the Eskimo's vocals are apparently flubbed (somewhat humorously) near the end, and You Enjoy Myself is a standout version from this period in time (and if you're a YEM fan, this one is definitely worth the price of admission just for the novelty of a good 1986 YEM).
Other highlights include another early nice edition of Slave, a funny Anarchy which features alternate lyrics about "African Bees" and banter about things that rhyme with African bees, and a short-but-sweet Dog Log > Possum combo that left me smiling.
The sound quality of the show leaves something to be desired, so just for listening purposes, I'd give the overall show a 3.5. But I always round up, so this is a solid 4/5 in my book.