Was there a volume two of this series? Who the hell knows but the one extant volume is hella rad. (I have always kinda wanted to use the word extant in a sentence that contained the phrase hella rad).
As the song list superimposed over the crapper proves, this is pretty heavily mod/power-pop based compilation. There's little deeply obscure here but the set, with jagged blasts of pop by The Jags, The Chords, The Strangeways, The Letters, The Monroes - too many best tracks to mention - just flows like fresh flesh wound.
On The Wave link is in the comments
Speaking of comments, what do you make of this volume?