Via a number of bloggers, this particular version comes from Neil Fawcett. I’m tired so my three additions aren’t as ingenious as they might be…

“Copy the list on to your blog, put in bold the ones you have listened to (completely from begining to end) and then add three more albums that you think people should have heard before they turn into their parents – remember, it isn’t necessarily your most favourite albums but the ones you think people should listen to… and when we say listen we mean from track one through to the end…If you put a link to your follow-on post in the comments of the site where you found it, the chain will be trackable. You are also allowed to DELETE up to THREE albums on the existing list, if you feel a) that this is an album which should not reasonably be foisted upon anybody, or b) that one Radiohead album is quite enough for one lifetime, thank you.”

This is Hardcore – Pulp
Moon Safari – Air
Elastica – Elastica
Never Mind the Bollocks Here’s the Sex Pistols – Sex Pistols
OK Computer – Radiohead
The Kiss of Morning – Graham Coxon
Ziggy Stardust and The Spiders from Mars – David Bowie
The Wall – Pink Floyd
Setting Sons – The Jam
Train a Comin’ – Steve Earle
Come From the Shadows – Joan Baez
The River – Bruce Springsteen
The Very Best of Joan Armatrading – Joan Armatrading
What’s Going On – Marvin Gaye
Crooked Rain, Crooked Rain – Pavement
Apple Venus Vol. 1 – XTC
Marquee Moon – Televison
Daydream Nation – Sonic Youth
Jagged Little Pill – Alanis Morisette
Dark Side of the Moon – Pink Floyd
Leige and Leif – Fairport Convention
Afraid of Sunlight – Marillion
Dog Man Star – Suede
Work, Lovelife, Miscellaneous – David Devant & His Spirit Wife
Out of the Blue – Electric Light Orchestra

I added the last three and would remove:
Metal Box – Public Image Ltd
The Joshua Tree – U2
Untitled fourth album – Led Zeppelin