I'll never understand The Waterboys, to me they recorded one of the finest folk rock albums that I have ever heard (Fisherman's Blues) and they were so outstanding and talented in the genre (IMHO), but yet they only recorded that one folk album, and all the rest of their material, is just average, if that, "Rock", although, tbh, I havent listened to it a great deal.
Other than when I saw them live not too long ago, and they only played one song from Fisherman's Blues. But yet their biggest hit, kind of goes beyond all genres, but could be considered folk rock I guess - 'The Whole Of The Moon'. And it is not on Fisherman's Blues.
On Fisherman's Blues, they built on all the Irish folk song histrory and brought it bang up to date, but then apparently did no more. Perhaps they thought they couldnt take it any further, I really don't know, or understand, why they didn't do more folk, when they so very good at it. Why not play to your strengths?
Anyway, the track posted is one of most the oustanding tracks on Fisherman's Blues, again, IMHO.