This was the final show before the band’s hiatus. Appropriately, given the pending extended break from touring, the pre-show music closed with The Rolling Stones’ The Last Time and the post-show music was The Beatles’ Let it Be. After the show, the crowd gave the crew a standing ovation as they packed the band’s gear, while the crew took pictures of the crowd. Trey teased San-Ho-Zay in Twist. This show is available as an archival release on LivePhish.com.

Glide was teased before the Carini opener and Jibboo was teased before Heavy Things. Disease was unfinished. The encore featured Bob Weir on guitar as well as vocals for the Phish debuts of El Paso and West L.A. Fadeaway. Trey teased Chalk Dust after West L.A. Fadeaway.

Chalk Dust included a Walk This Way tease. Sneakin' Sally did not contain a vocal jam. Trey teased Rift before the start of the second set. Character Zero ended with a slow jam where Trey quoted the lyrics to Fast Enough for You.

Reba did not have the whistling ending. Antelope included a reference to Bob Weaver instead of Marco Esquandolas.

Trey introduced the band during Llama (including Fish as 'Bob Weaver') before encouraging the audience to clap along with him. He slapped himself on the forehead and encouraged fans to slap the foreheads of the person next to them, but few did. Piper was unfinished and morphed into the debut of Guy Forget, which contained a "will the good lord save or will I dance on grave" quote and a San-Ho-Zay tease from Trey. Guy Forget had been previously performed in soundchecks. Piper and Camel Walk from this gig are included as filler on the Live in Vegas DVD.

Though the band came out in position for Walfredo, they were forced to pause due to technical difficulties. For the second show in a row, several breakouts dotted the setlist: Walfredo (first since February 22, 1997, or 250 shows), Esther (August 9, 1998, 148 shows), Forbin’s and Mockingbird (August 7, 1998, 150 shows), A Day in the Life (July 3, 1998, 172 shows), and Emotional Rescue (July 28, 1998, 157 shows). The Mockingbird narration referenced the band’s upcoming hiatus. I Didn’t Know included a reference to Kid Rock’s sidekick Joe C. Esther featured flubbed lyrics for the final verse, ending with Trey proclaiming: “She died. Dead.” As the band returned for the second set, the crowd serenaded Trey with Happy Birthday. Twist contained San-Ho-Zay teases from Trey. Emotional Rescue included a bizarre synchronized duel on-stage between Trey and Mike. This show was webcast live and subsequently released in its entirety as the band’s first full concert DVD, Live in Vegas.

Wilson included a heavy metal jam, complete with Trey waving his guitar in the air. Kid Rock provided guest vocals from Walk This Way through the encore. Walk This Way and Rapper’s Delight (with funny stage antics from Fish, who danced on his knees like Kid’s sidekick Joe C.) were Phish debuts. You Shook Me (All Night Long) was played in its entirety by Phish for the first time, although it had been jammed on other occasions. Walk This Way was also teased during 2001. Spock’s Brain (first since June 24, 1995, or 393 shows), Dinner and a Movie (first since March 1, 1997, or 244 shows), and American Band (first since November 16, 1996, or 273 shows) returned after long absences. The Carini opener was preceded by a Wilson tease and saw Trey have several problems with his guitar.

The My Friend ending did not contain the "Myfe" lyric.  Brother was played for the first time since July 28, 1998 (155 shows) after which Trey commented, “That song is all about the ending.”

Everybody’s Got Something To Hide was played for the first time since October 31, 1994 (437 shows). Disease was unfinished.

Cool it Down was played for the first time since October 31, 1998 (132 shows) and contained San-Ho-Zay teases from Trey.

Come on Baby Let's Go Downtown made its Phish debut at this show. Trey teased Super Bad in Moma Dance. Tweezer contained Sunshine of Your Love teases from Trey and featured an ending typical for older Tweezers with a die-down akin to the Picture of Nectar album version.

Meat was unfinished. Reba contained a Stash tease from Trey. Meatstick concluded with the band fading out and the audience finishing the song a cappella. Antelope subsequently included Meatstick teases.

It's Ice was unfinished and included a long, atypical jam.

Twist included a San-Ho-Zay tease from Trey.

Mike teased Sundown in Bathtub Gin. Trey teased San-Ho-Zay in Chalk Dust Torture.

Antelope featured Tom Marshall and his daughter, Anna, singing the “Rye Rye Rocco” lyrics. Antelope also included a Yakety Sax (the Benny Hill Show theme) tease. The jam out of Tube reprised Tube proper and contained a Summertime tease from Page. Possum included Stash teases from Trey.

Reba did not have the whistling ending. Suzy contained a brief Can't You Hear Me Knocking tease from Page. Trey teased Andre the Giant before and San-Ho-Zay during Drowned. Page teased The Little Drummer Boy in Prince Caspian. This show was officially released as Live Phish 03.

After conferring with Trey before Bike, Fish joked with the crowd, remarking that he only knows two songs. Before the vacuum solo, Fish introduced the band. Mike teased Call to the Post in the second Hold Your Head Up.

The show opened with the Phish debut of Roadrunner, which ended with Trey mentioning that various people (including Paul's parents) were from Massachusetts. Brian and Robert included a woman on stage relaying the lyrics in sign language.

The My Friend ending did not contain the "Myfe" lyric. Tom Marshall spoke the lyrics to Antelope. Sand through Funky Bitch and Hood featured Michael Ray on trumpet. When he wasn’t playing, Ray was dancing around the stage and exhorting the appreciative crowd. During Hood, he sat and relaxed in front of the drum riser before pulling several people out of the crowd, who proceeded to sit around the stage and occasionally dance. Trey thanked them as “The Michael Ray Chorus.” Sand began with a First Tube tease.

This show featured the Phish debuts of Mellow Mood and Windora Bug. Limb By Limb contained a Dave's Energy Guide tease from Trey. The jam out of the end of Gin featured Fish on vacuum and Trey on drums.