The album was met with commercial success and favorable reviews. Review aggregating website Metacritic reports a normalized score of 80% based based on 11 reviews. Entertainment Weekly raved, "A dozen near-perfect pop songs, each one teeming with joyful desperation". Let Go reached #31 on Billboard's Top Independent Albums chart, and the single for "Inside of Love" reached #73 in the United Kingdom.
The album was released with at least two different track lineups, not to mention at least one variation that included bonus tracks. Aside from the track ordering, only one track differs between the two track listings given below. The track “Blonde on Blonde” was featured in the opening credits to Sommersturm (Summer Storm), and other songs from Let Go are occasionally heard in TV commercials and on more obscure radio stations. A brief snippet of "Neither Heaven Nor Space" can be heard in the opening few minutes of the 2006 documentary, The Bridge. "Inside of Love" was used in an episode of Wonderfalls, but it went unaired. The song was later used in an episode of How I Met Your Mother, One Tree Hill (Season 1, Episode "Hanging by a Moment" and Hawaii Five-0 and from there gained a larger following.