Nope, not a Traffic cover, "Mister Fantasy" leans heavily on the "punk" end of the post-punk conundrum, vocals straight out of 1977 Sheffield with icy, cavernous production more redolent of 1979 Manchester. Never mind that Ex-Cult are straight out of Memphis, when you're recreating a long lost era a well-stocked MP3 collection is more important than the influence of a local scene anyway.
