There's almost always a "merely average-great" show in any given Phish New Year's Run, and in 2012 this is it, in my opinion. The setlist is pretty happenin', especially in the first set. AC/DC Bag has some "extra mustard," Bathtub Gin is fiery--although not an all-time version--and everything is played as if the band had been practicing sufficiently to pull off some of the more-challenging tunes in their repertoire. Golden Age opening the second set is about 15 minutes long, but the jam feels kind of truncated, and doesn't really spread out from the song structure, and from there that's it for songs breaking the 10-minute length barrier in this show. That's quite an encore to be sure, but if you wan'na get the gist of this run you might do better to visit 12/28, 12/30, or even 12/31.