Lyric discussion by Cazzdevil 

It's about the breakdown of a relationship which the narrator is so thankful he had that he can't hold any contempt for the (now) ex. "You've gone, gone and made a beautiful hole in my heart" - he's letting her know that the breakup has broken his heart and he'll never forget that hurt, but that he's proud to bare the scar. He's also looking back on things he may have done differently but that now he'll never know.

It's a beautiful song and sums up my last relationship fantastically.

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