I would largely agree with this. I would add that they were absolutely brilliant as a live act. I saw them very regularly from 1983 onwards. Most annoyingly, more than half the Smiths gigs that I bought tickets for in 1985 and 1986 were cancelled. I was at the gig Rank was recorded at. The played 21 songs but only 14 are on the LP which makes it kind of hard to listen to.
I probably listen to Hatful of Hollow most of all.