Noel Gallagher has said the following about the song:

I’ve pretty much summed up everything I wanted to say in “Rock ‘n’ Roll Star”, “Live Forever” and “Cigarettes & Alcohol”, after that I’m repeating myself but in a different way".

and:

The words and the sentiment to that song, that’s what it’s all about. I remember bringing it down to the lads in the rehearsal studio and rehearsing it until the first time we played it live. There was a hush after it, and it wasn’t the hush of people going (bewildered) ‘What was that all about?’ It was (silenced awe). No one had ever said it in a song before. Tonight, I’m a rock ‘n’ roll star. There’s six people watching you, right? You’re anything but a rock ‘n’ roll star. But in your brain you are a rock ‘n’ roll star. When I hear that song by chance, on the radio or whatever, I just think, D'you know what, man? It’s still got it for me. It’s wide-eyed and wonderful.