Plenty to love in both frames, but for my money, Set I of this show is just about perfect.

The PYITE>>Poor Heart segment is classic Phish setlist mastery, flowing easily between the hard licks of Punch (my personal favorite version of the song), through to the silly bluegrass of Poor Heart, stopping effortlessly in between to throw down some blues along the way. Wolfman's opens things up, but to my ears is the overall low-point of the set (just not a very interesting jam, particularly for Wolfman's) but then they're right back at it with a perfect First Tube, a perfect Guyute, and a rocking, raging Antelope. Really, just an amazing frame of music that seems to get no attention at all due to the lack of big, open-ended jamming. Don't be deterred!

Set II, as others have mentioned, is also very good. The Tweezer is just silly (a perfect example of Trey playing billions of notes but somehow making it work) and the Piper>>Rock & Roll should be enough to satisfy the jam chasers.

One of my favorite ways to introduce non-phans to the band is by playing them Disc 1 of Live Phish 5, paired with Set II of, say, 12/6/97 or an assortment of 12/31/95 jams. It's a pretty perfect way of seeing the range of music we get from this band, and yet is all too often under-appreciated with modern fandom's obsession with type-II excursions.

Give this one a look.