Great Jam. 3 Major segments in my opinion.

Per livephish recording...
6:55 Mike and Trey play off each other and Page jumps in on the organ. Things get weird quickly. Amazing interplay by the entire band in this segment. Very '94 esque jamming segment here...
8:13 They come back together all at once and rip back into the Mike's song dark nasty groove.

9:30 Trey signals the end of the Mike's jam with the walk up and sustained notes.
9:50 Beginning of the "second" jam of Mike's song. Page goes to grand piano, Fishman settles on a nice tom groove, Trey plays some great trill licks over it. Love the bassline Mike has going.
11:10 Fishman plays a lot of ride/splash cymbals and Trey responds by increasing the tension and frequency of his screaming guitar.
11:55 GOLD. Trey is playing a wall of distortion, locked in with Fishman's cymbal crashes while Mike hammers away a funky bassline and Page rocks the grand piano. This is the type of 'sound' trey often goes for in 2.0 but much more focused and concise.
13:30 Fishman has a nice beat, hitting the splash cymbal on beat. Trey reels it in a bit and goes off with some absolute shredding. Machine gun Trey has been spotted.
15:00 Jam shows signs of slowing down, Mike plays some nice dissonant notes, Trey follows.

15:40 Mike drops a baseline and leads the jam. Page plays some dissonant stuff on the piano, Trey vamps on a riff similar to Mike's bassline. Page seems to be hinting to modulate the jam to major.
17:15 Awesome keyboard work by Page as the jam fizzles a bit though Fishman keeps it driving, eventually switching to a rim and tom driven beat. Mike also helps keep it alive and driving. Trey eventually switches to percussion kit?
20:00 Page drops back to the Grand Piano. 20:40 Page just goes off and Mike lays off his dissonant bass groove. Nice interplay between Page, Gordo and Fish here.
21:30 Trey comes back in with some scratches and feedback distortion and delays. Very cool and patient reentry by Trey. Jam seems like it may take off again when Trey enters with a high sustained note but the jam slowly fizzles into Lifeboy...