The Velvets’ last album is generally seen as their least. It suffers
dubious production and lacks drummer Moe Tucker, due to her pregnancy;
Lou Reed left the band before its release and, as he’d later complain,
his songs were hacked down (notably “Sweet Jane” and “New Age”) and his
intended sequencing re-shuffled. Loaded was a last-ditch effort to
connect with a mass audience, something the first three Velvets albums
failed spectacularly to do — and it met the same fate. Yet hindsight
reveals, like so much in Reed’s career, an album full of greatness,
beneath its consensual role-playing and market-minded mishegas. This
final chapter in the vault-scraping Velvets reissue series, a handsome
six-CD set, reaffirms it.