I don't own any of their CD's, but I have loved some of the hits they have on the radio. I like their ethereal, dreamlike feel especially. Vapourous as opposed to U2's aquaeousness(I still don't know if that is a word, better find out once and for all, lol).
Are you Australian Mr.Phes? I'll always pleasantly associate REM with heading off to an Archie Roach/Ruby Hunter performance, not knowing I was about to have the most powerful musical experience of my life.......so far.
REM, Archie, U2, all good