Teenage Fanclub are a trusty old basset hound of a band now, regarded affectionately by indie fans of a certain age but incapable of new tricks.
That doesn't matter so long as you retain a fondness for the old ones: namely, chiming Byrds/ Big Star guitars and prettily somersaulting melody lines. If you heard these songs at a TFC gig scattered among the old favourites, you wouldn't walk out to the bar.
If you played it 10 times in a row, you'd love it almost as much as Bandwagonesque. In 2010, you can't really ask them for much more than that.