As all have said, a great professional sound. And as most others I preferred the 'live' version of the song...it seems to go down better without any other embellishment than voice and guitar, but that's by the by. It's the song that counts, and as you say, this can evolve with time.
So, the song itself is well-constructed with a great melody and clever , incisive lyric that works. You said that you'd had mixed feelings from others about the lyric. I don't think anyone can say that it is not a well-built,nicely rounded piece of lyric writing. I suspect that, like me, it just isn't quite their cup of tea. i can appreciate the skill that went into writing it...it's just not my kind of thing!
Somebody I know has a song called 'The Facebook Blues' which needs no further explanation I don't suppose. I feel the same way about that.
Maybe it's just because I'm not 'connected'!!
Anyway, great, classy performance.