Cocteau Twins were probably the blue-print, though you could argue the Eno-ambient stuff or twiddly ambient/guitar types like Bill Nelson and Durutti Column. Cocteau Twins major influences seem to be the Banshees and Harold Budd.
While sounding little like shoegaze, the feel of Robert Wyatt's Rock Bottom and a track like Solar Flares...makes me think of this genre. Could it all come from Jimi's 1983, A Merman I Will Be and Winwood's Arc of a Diver as suggested in Mojo a few years ago? Maybe...though the twiddly guitar work on 801 Live could be shoegaze before shoegaze - I never heard the Diamond Head LP...
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