I'm fairly sure, on cursory first listen, that the version of Hanging Out in this Peel Session is the version from the 2001 edition of Floored Genius 2 - but there it is listed as the Richard Skinner session from 1989...
Curious!
Floored Genius 2 Expanded Edition says 'Hanging Out & Hung Up On The Line' John Peel 11/04/91.
I'll have to dig out me original FG2 CD - wherever it is? - to see what you say Tippy Wooder.