Just finished up reading the official INXS biography, and one of my favorite parts was that, after all the drama that went on, Hutch got the last word. When they were recording the title track, "Elegantly Wasted," - Hutch went into the studio to work on the background vocals, and was reported to be singing, "I'm better than Oasis" during the chorus. When asked about it, he just smiled really big. Gotta love MH.

Listen for yourself.

Article explaining it more in depth:

In 1996 at England's Brit Awards (the U.K. equivalent of the Grammys), Michael presented Oasis with Best Album, which they won for (What's the Story) Morning Glory?. When the notorious brats arrived at the podium, Noel Gallagher looked at Michael and said that a has-been shouldn't be presenting awards to "gonna-bes." Months later, in Dublin, while Andrew and Michael were visiting with their friends U2 and putting the finishing touches on the album demos, Michael met Bono one night at a pub, where Oasis singer Liam Gallagher showed up. The three front men sat down, drank freely, and as the night wore on, young master Gallagher became quite intolerable. As he's wont to do, Liam grew incomprehensible, belligerent, and very, very loud. Finally Michael had had enough. "Hey, man, why don't you shut up and sit down, you're being a fucking asshole," he said. "We're just trying to have a good time, what the fuck are you doing?". Liam garbled a threat, stood up, and got in Michael's face. And Bono got between them keeping the peace as only he could, until Liam calmed down. The next day, photos of Liam and Bono nose-to-nose appeared in tabloids everywhere and mistakenly reported that the two nearly came to blows. No punches were thrown, but the incident put an end to the night.
Michael left the pub and returned to the studio, where he ran into Andrew, who was off to bed. "He said, 'Man, don't worry, you don't need to stay, I just want to rerecord some background vocals. I don't think I did a very good job of them today,'" Andrew recalls. Michael and the engineer spent the next hour or so doing just that, adding layers to the chorus of the album's title track, "Elegantly Wasted." No one realized exactly what Michael had done until six months later in Chicago, while Andrew and Michael were doing press at a radio station.

"I've been listening to this chorus over an over-great song, by the way, guys-but I've got to ask you, are you saying 'I'm better than Oasis?' I swear I hear that on the background vocals," the DJ said. Andrew's face flushed while Michael sat in silence, smirking like the cat who swallowed the canary. Andrew stuttered the best response he could: "Well, no, the chorus, as far as I know, is 'I am elegantly wasted'. I'm not sure what you're hearing but that's what we're singing...Right, Michael?".

[Edited 1/25/13 10:30am]

Interesting, the almost punch up with Liam is news to me:-o . As to the song, there's just so many vocals in the chorus, it's impossible to make them out really, i guess this "ï'm better than Oasis" theory will forever remain a mystery...

First I was like, "naaaaah!" So I listened to the entire song very carefully, actually trying to sing/hear "I'm elegantly wasted", not "I'm better than Oasis". I didn't really notice it anywhere other than the second pass in the first chorus, starting at 1:01. When he gets to that "elegantly" there is a strange hard sound at the beginning of the word, and then there's two echoing S sounds in that "wasted". I was like , "he might have actually just done it right there."