From the live version this sounds like a decent, catchy single - but not quite a classic. More of a solid 'Action is My Middle Name' than a 'First of the Gang to Die'. Some of the lyrics are a bit awkward, but Morrissey has form for that, so it's kind of a signature style. Probably the most interesting bit for me is the offbeat timing of the vocal melody in the chorus - something about it seems to rub against the grain of the 4/4 tempo, and almost make it seem like it's drifting into something else.
The little studio snippet we heard did sound super well produced though, so the actual LP version may yet be even stronger than the live version.