Lyric discussion by Tiggzie 

People see too much in this song I think. I take it pretty literal.

"I hope that you like it in your little motel And I hope that the suite sleeps and suits you well Well I can see it as time and a sight through smell That's why it's nice to be by yourself"

His SO (who I am assuming lived with him) left him. She stayed in a motel a few days to get things together, figure out where to go, find a more permanent place to live, etc. This first verse is, again, pretty literal. "I hope the motel's nice, I guess you needed the space and a breather, sometimes it's nice to be alone"

"Cause that's what I'm waiting for That's what I'm waiting for That's what I'm waiting for, aren't I? That's what I'm waiting for That's what I'm waiting for That's what I'm waiting for darlin'"

Basically he's waiting for her to really leave. He doesn't necessarily want her to, he's just anticipating it.

"We treat mishaps like sinking ships and I know that I don't want to be out to drift Well I can see it in your eyes like I taste your lips and They both tell me that we're better than this"

Every little mistake, tiff, argument turns into a big fight that could break the relationship and he sees (through her eyes and lips (words?)) that they are better than that.

Again the chorus repeats that he's waiting for the end.

"We trade tit for tat, yeah that for this And I don't think that there was an insult that was missed I can see it in your eyes like I taste your lips and I'm very sorry"

Their trading ugly words, fighting again, and he can tell he's hurt her with something he said and he's so sorry.

Again, in the chorus, he knows they are approaching their end. We named ourselves a shooting star Landed directly on our broke-down little car Before then we had made a wish That we would be missed If one or another just did not exist"

They are wishing, hopelessly (the crashing on the car), that they'll at least miss each other and still care about one another down the line.

"Cause that's what we're waiting for That's what we're waiting for That's what we're waiting on, aren't we? That's what we're waiting for That's what we're waiting for That's what we're waiting for darlin'

That's what we're waiting for That's what we're waiting for That's what we're waiting for aren't we?"

The sudden change to "we" shows they, at this point, BOTH know the relationship is not going to work. And it's over.

This is a very beautiful, hopeless song. One of MM's best.

@Tiggzie @Tiggzie You hit the nail on the head! I also believe this song is meant to be a literal interpretation of the end of a serious relationship.

I see others insisting the song is about death, which I guess in a way it is. Not a physical death, but the death of a relationship.

Such a beautiful song, as are so many MM songs. Isaac Brock is a gift!

An error occured.