The song was originally written by and recorded by Beck and William Orbit with the intention of being a Beck track, but after Pink wanted to cover the song, Beck gave the song to her. Beck's vocals and a guitar were removed and replaced with Pink's vocals. Beck's original was later posted on Orbit's website.
Stylus Magazine wrote a favorable review: "And then, there’s the brilliance of “Feel Good Time” – depending on who you believe, either stolen from or written for by Beck – ostensibly/unofficially the first single from Try This. This ‘association’ with Beck serves as something of a touchstone for the album; forget for a moment the white-male-pain and subdued arrangements of Mutations and Sea Change and remember instead the schizoid pastiche spectaculars of Midnite Vultures. What the album occasionally lacks in coherence or narrative it more than makes up for in moments of pop brilliance, the kind of eccentric pop magic that’s not been seen since the glory days of Cyndi Lauper (I’m sure it’s no accident that P!nk looks alarmingly like The Unusual One in the liner photos)."