Alex Henderson of AllMusic gave the album three stars out of five, feeling that overall it was not as good as the standout single "Unbelievable": "The only song that comes close to packing the punch of "Unbelievable" is the intoxicating "Long Summer Days." For the most part, Schubert Dip is a prime example of an album that is simply decent when it should have been excellent".
"Unbelievable" is their best known single. The song includes samples of US comedian Andrew Dice Clay throughout the track.
The song "Lies" originally contained a sample of the voice of John Lennon's assassin, Mark David Chapman, reciting the lyrics to Lennon's "Watching the Wheels." There was controversy over this from Lennon's widow, Yoko Ono, who objected to this sample. As a result, all pressings of Schubert Dip since then have omitted the sample of Chapman's voice.
The song "Girl of an Age" contains a sample of the character Ernie from Sesame Street speaking to his friend Bert.