Yes, this is a simulated binaural recording. This means that you need to use headphones to listen to it in the way it was intended. Please be sure to turn your speakers OFF for the best results, ESPECIALLY for open-style headphones. This should be a lot clearer.

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I also sent Jams an amplified version of the section wherein we are supposed to hear "We're not talking to you" or words to that effect. If Jams posts that, also, the best way to listen to that is to listen to it in a loop (also with headphones) and listen to it over and over again. It's too short to listen to just once and hear anything. You can also play with equalizer settings as you listen.