Recorded at Madhouse Studios with producer Jase Edwards, it was originally released as a digital download on 19 May 2008 by Round Records, before a physical release on 7 July 2008.

[3] The songs uploaded were the covers of "Understanding Jane" by the Icicle Works on 21 April,[4] "Unsung" by Helmet (with lead vocals by C. J. Wildheart) on 28 April,[5] "Carmelita" by Warren Zevon (with lead vocals by Scott Sorry) on 5 May,[6] and "Ice Hockey Hair" by Super Furry Animals (with lead vocals by Ritch Battersby) on 12 May.

[9] Critical response to Stop Us If You've Heard This One Before, Vol 1. was mixed.

Reviewing the album for the website AllMusic, Jon O'Brien described the collection as "a passable if unremarkable stop-gap album", suggesting that the band's style is "already so similar [to that of the songs' original artists] that it renders the album's whole concept rather pointless".

[1] Awarding the album 2.5 out of five stars, O'Brien praised the choice of "obscure" songs to cover, but claimed that "if, as its title suggests, it's to be the first in a series, the band would do to delve a little deeper into their record collection next time round".