World of Wild Beards Incorporated: Live, King's Arms, Auckland, New Zealand, Feb. 4, 2001.

Thank God for Wikipedia, we no longer have to pretend we know more than it tells us. Here's the wiki info on this gig:

"The relative success of the album (In the Aeroplane Over the Sea) in addition to the pressures of being suddenly thrust into the spotlight took its toll on (Jeff) Mangum, who disbanded Neutral Milk Hotel in 1998 after a tour in support of their latest album. Jeff has kept out of the public eye since then (although not without intrusive fans speculating on his whereabouts), rarely if ever playing acoustic sets and concentrating more on his recorded sound and music collages.

On April 2, 2001, Mangum and friends Laura Carter and Chris Knox played a gig-Mangum's first in two years-at the King's Arms in Auckland, New Zealand. The band was billed as "World of Wild Beards Incorporated", a throwaway pseudonym which Mangum varied to 'Walking Wall of Beards Incorporated' whilst addressing the audience between songs."

See poster if you're still confused. Fantastic live recording, very clear even in its lossy state. Jeff jokes about everything from his nervous breakdown to pubic hair.

Note: All live gigs posted on KNK will now be removed after 3 days to conserve bandwidth. Enjoy.

Two-Headed Boy
I Love How You Love Me
Song Against Sex
King of Carrot Flowers Pt. 1
King of Carrot Flowers Pts. 2 & 3
Everything Is
Gardenhead / Leave Me Alone
Ghost
Oh Comely
Engine
In The Aeroplane Over The Sea
Banter: World of Wild Beards Explained
Mother (John Lennon cover) (with Chris Knox)