True West: Hollywood Holiday (1983)
But the originals are solid as well. Opener "Steps To The Door" is the obvious killer tune, revisiting the "Lucifer Sam" vibe but with some dark, heavily-reverbed punch -- it reminds me of garage band classic "Medication" (originally by the Sonics, later by the Vipers), a grinding, droning riff as a launch-pad to some wicked jams. Fans of Spiritualized can look back to this track as something of a fore-runner. "It's About Time" is lighter, more jangly, seemingly borrowing its dueling-guitar vamp from Television's "Venus" (maybe not surprisingly, as Tom Verlaine had produced some early recordings for the band).
The original album got a later deluxe treatment on CD (Hollywood Holiday Revisited), combined with the band's first proper full-length, 1984's Drifters. And that album is arguably even better, the band moving in a more (college) radio-friendly direction with an added dose or R.E.M.-influenced jangle and pulling back on the moody psychedelia. ("Shot You Down" and "Hold On" could well be Reckoning outtakes recorded while Stipe took a sick day.) "At Night They Speak" is particularly lovely, but Drifters is overall one of the more unfairly overlooked albums of the era. Plus, the CD appends those Verlaine-produced demos, and they're pretty great (ok, very Television-like, which is perfectly fine with me). It's a pretty great package.
Here's a nicely animated audio rip of "Lucifer Sam":