Ha... no, not similar at all. Echoing what applebuttaz said.
What song is that? I think they are more popular for the album Loveless than for any one song. Was it something on a soundtrack or what?
Personally, I am a pretty big MBV fan, but I can't stand the cult surrounding Loveless, much less the fact that people just totally ignore MBV's other output (namely EP's and the unjustly-overlooked "Isn't Anything")... I even like their corny Goth-tinged Garage and ultra-Twee, noisy Indie-Pop records from the 80's. As for "m b v", it's a thoroughly "alright" album. I've kept my expectations at a rational level and ended up liking it pretty well.
At least it's not Oasis.