That was with Jeff Beck on guitar wasn't it? Or was it Clapton? It seems like they both did an album with Waters.
Have to agree with those who say Waters was the heart & soul of PF, despite his politics (which I loathe). Gilmour may be a great guy, but he was abolutely wrong to keep recording and touring as PF after Roger left. The music on those albums is largely inferior to the earlier work, IMHO.
Solo albums - loved Pros & Cons and Amused to Death (which despite its liberal bent, has some good insights on the celebrity-worship culture which has permeated) and was so-so on KAOS. Saw Waters on tour for both KAOS and Amused - two best shows I have ever seen.
Also agree on Animals, my personal favorite PF (despite a completely anti-capitalist message).