Pendragon are one of several bands that emerged during the early 80's very much under the influence of Gabriel-era Genesis.
This instrumental track contains excellent, original chord sequences and guitar solos. If you can manage to suppress your amusement at the band's name (and/or musical style), you might be surprised how much this impresses you. It's a studio track on a live album.
My introduction to this Scottish band was when they supported Lloyd Cole and the Commotions at a December 1985 gig. I liked them a lot that night, but actually their three albums don't contain that much to shout about - maybe a couple of quite good tracks per album.
However, "Reverend Killer", a song not included on any of their albums, is knock-out, excellent guitar-based pop with a hint of synth deep in the mix, and enough harmonic movement to make up for the lack of rhythmic variety or interest.
I discovered this work of absolute genius today - it was on a 3 disc Bowie compilation ("The Platinum Collection") which a colleague was playing at work.
The song starts with an echoey 80s drum sound with a repeated guitar riff, behind which we begin to hear a beautiful chord sequence played on the synth. The riff drops out and Bowie sings a fantastic melody over the chord sequence, which takes many subtle and grand turns. The song has a relatively complicated construction and instrumentation.