Said Perry of the track: "Diamond Light Boogie"...was inspired, like its predecessor, "Zoot Suit Riot", by a historical time period...the glitter, glam rock of the early '70s.

[4]To help lend a vintage authenticity to the song's production, the Daddies enlisted supervision from legendary glam rock producer Tony Visconti, as well as featuring Mark Volman, formerly of The Turtles and the Mothers of Invention, to provide backing vocals.

[5] Despite allowing the Daddies creative control over the writing and production of Soul Caddy, Mojo Records harbored ambivalent feelings over the album's largely rock-oriented musical direction and did little to promote either the album or its single, at one point releasing the latter without the Daddies' name on it, allegedly due to hesitancy over releasing a rock song from a band most widely known for swing music.

[6][7] Neither Soul Caddy nor "Diamond Light Boogie" met with any commercial success, but the single nevertheless received moderate critical attention.

Allmusic, having given Soul Caddy a very positive review, described the song's glam styling and "sassy songwriting" as the epitome of the album's "musical excitement",[8] while The Boston Globe, in a negative review, extensively criticized the album for being derivative of other artists, describing "Diamond Light Boogie" as being "ripped straight from The Soup Dragons' catalog".