I didn't use to like this song, much for the same reason as inphanta. But yesterday while I was laying in bed listening to Lush it suddenly just clicked. There's a lot of subtle detail in this song, and if you just pay attention it grows into something really beautiful.
So - you decided to post that you didn't like the song twice, with a 4 year gap in between? LOL. This song still rules. It slinks along like a snake, crawling into your subconscious and infecting you with its gorgeousness.
Also, with Deerhunter having a superb track on their latest album titled the same (at first I thought it was a cover, it wasn't. I was as bummed as I was surprised and enthralled), it always makes me think of this, which makes me come back to it. Over and over again.