I first heard this song via Cheap Trick’s very heavy cover during the opening of Jonathan Kaplan’s classic late 1970s troubled youth film “Over the Edge.” Up until recently, I had no idea that Cheap Trick’s version wasn’t the original until I heard this on a Terry Reid compilation I picked up because I had always been curious about Reid, but had never heard his stuff before. Wow! As much as I love the Cheap Trick cover, this poppier, but still very heavy original is really cool. For comparison purposes, I am including a link to the Cheap Trick version below. I’m going to wimp out and call it a draw. A great song with two awesomely different interpretations.
Dave's Strange World 
U.K. 1 U.S.A 0. Terry Reid is one of our national treasures.
http://loosehandlebars.wordpress.com/2012/09/04/terry-who-terry-reid/
trying to find that fat augmented chord that comes in at 0:41 in the cheap trick version
YES! YES! I too search for that chord!