I was never really a fan of this song but I never skipped it when I listened to the album as a whole.
"Renegade Princess" seems to have been born out of another extended jam. The first 1:36 of the song features a slow moving three note arppegiation. This is a typical move for the band. This time, the riff is very smooth and chimey. The band allows the riff to ring out a little. Thurston sings the song as if he is reading off a list of descriptions. His voice is suttle and has a hint of melody. The song picks up in double time from 1:36 until the end. The song becomes more aggressive when both Kim and Thurston began singing lines like "make way for the midnight princess, the renegades fight tonight, the renegades fight for light." I often discount the "jam" aspect of this song because of its structure. I'm pretty sure both parts of the song were potential songs and were merged to make a whole song. Both are different yet flow naturally from one to the other.
This song was written in 1999 and debuted instrumentally at the same time as Free City Rhymes. Both Thurston and Lee used Les Pauls on stage and possibly in the studio. I always thought it was weird they began experimenting with Les Pauls. It didn't look right. Lee also used a 12 string with only 10 strings. The tuning CGDGBB was employed in this tune, along with most of the album.
This song has not been played live since 2000.