I hear the similarities. Even U2 has acknowledged the similarities by placing Love and Peace in the same spot on the album that Bullet occupied 17 years ago on Joshua, but I'm just not hearing Love and Peace as a song on the same level as Bullet. Yet. In fact, the song pisses me off a bit. There's a moment when the guitars should explode like shotgun blasts of diesel-driven powerchord and they just really kinda wimp out in the production.
I'll acknowledge that I haven't given this song much of a chance yet.