By Will Hermes
January 22, 1999 at 05:00 AM EST

The third volume of the ongoing series, Postpunk Chronicles: Going Underground, that mercifully understands the difference between post-punk and new wave, assembled with a college-radio geek’s loving snobbery. If you wasted the ’80s haunting indie-record shops, flashbacks by Pigbag, Killing Joke, Joy Division, and the Chills (along with pre-legends R.E.M., the Smiths, and others) will make you feel vindicated. If the unknowns are news to you, you’ll wonder why. A-