I guess because I really got into R.E.M. with Fables, all of the songs on the album are special to me. I have always loved to play this song, but did not have everything correct. And as always, the videos help me but leave some questions unanswered. I remember reading that Peter Buck was experimenting with E and D during Fables, and that certainly seems true as can be seen in this song, especially (though on many of the other songs on Fables as well).
You can see a great deal in the Meredith College video from 1985:
And the 1985 West Germany video is helpful, too:
I get suspicious of anything too far removed from the early days, but I saw a lot I liked in this 2003 return to Germany. He looks as if he plays it the same way as in the early days.
Putting it all together:
Live (12 String):
Great recording on an acoustic 12 string 1987: