Yep, that was my gag. It was his first post-Beatles band.
I saw Pete and his band play in a very small venue a year or two ago and chatted with him for a few minutes afterwards. He seemed like a good bloke (as they might say in Liverpool) and he didn’t seem to harbor any bitterness. Of course, the lack of bitterness may have had something to do with the several million dollar pound check he received as a result of the BBC session release and the Anthology release. :-)