I was just listening to this album again yesterday, and having grown up on the US version, the presence of all the missing Lennon tunes is still a little jarring to me...
It's an alright song, but to my ears it's the only track on Revolver that isn't groundbreaking. It would have fit in better with the Rubber Soul tunes. For this reason, I always liked it more in the Yesterday and Today sequence.
(Don't hate me! I'm still the Beatles' #1 Fan!)
The Beatles left nothing on the cutting room floor with their releases.
They weren't the kind of artists who had tons of outtakes they could choose from. The used every scrap they had.
Their EMI contract demanded 2 full UK albums (around 13-14 songs each) and 3 singles a year (an additional 6 songs).
That's 36 songs needed a year, so it comes out to about a new song (very little covers at this point) every 10 days.
For Rubber Soul, it meant using everything they had, including fake songs from their youth they used to pick up girls in the Art School Cafeteria, when Paul and George came to visit John (Michelle).
For Revolver, it meant making something out of songs that basically only had one chord (Tomorrow Never Knows)
Brian Epstein would usually schedule them off of work (touring, appearances) for 10-14 days to write all the songs for the new album. Paul and John would think they "had it made" to have two weeks off.
Unbelievable by todays standards.