OK, here's my first draft of a transcription, based mainly on this recording by Rory McLeod and his band, but somewhat helped by listening to this recording by Rory McLeod, solo. As you can see it has lots of gaps. I'm counting on others to help fill them in. I have numbered the lines for easy reference.

1. Back to Donegal, going to see old Leo,
2. Into ...'s bar ... don't forget your banjo.
3. Knock up all the old tribe: Lawrence, Liam, Billy.
4. ... on the banks of old Lough Swilly

5. I saw the big yellow moon go down; we played all night in Letterkenny,
6. Singing the whistling thief and all my mates were whistling with me,
7. Playing tunes upon the ferry from Holyhead ...
8. ... to the steps of ...

9. ... rolling ... with all the cans that we can carry
10. ... Seamus ... Derry
11. John shares to Paddy on the Turnpike; Lawrence shares ...
12. Everyone we know is there; we must meet in ...

13. Steven winks at Dinny; Dinny winks at ...
14. Tommy's cradling his pipes like he's cradling a football.
15. Home to see old friends and family ...
16. Who was killed ... invasion, back to Donegal.

17. Playing sets of reels and jigs, oh how I feel my soul flies
18. With ... someone's kitchen, singing to the sunrise
19. And his fiddle bow is scratching a devil tune from a violin
20. ... long fingers ... The Butcher's Apron, plucking on his banjo skin.

[INSTRUMENTAL BREAK]

21. Steve's hand is like a hummingbird, whipping out rhythm on the mandolin
22. Smiling Nigel ... makes me smile to see him grin
23. Catch the flying tunes skipping and the rolling in the rhythm
24. Catching the fiddler's dark brown eyes; I can't stop looking in them.

25. Such a crazy love, we can't get enough; I'm in love with the whole damn ... my friends
26. We're in love with it; we're in love with the tune; we're in love with the dance that will never end
27. We're in love with the winding roads that wend through the mountain valleys and down through the glen
28. We're in love with the glimmering light on the hills; we're in love with the barman who pays all our bills

[INSTRUMENTAL BREAK]

29. Rhythm takes a hold of me; I can't keep my feet still
30. This one's for the barmaid, the one who keeps my glass filled.
31. The moon is crying a story of love she's been bursting to tell
32. Someone's torn the clanger out of the landlord's drinking-up bell.

33. Ask the landlord to give us some of that beer that we're helping him to sell.
34. Give us that song; you know how it goes: the town I love so well.
35. Oh, we don't know where we're going, but we'll tell you where we've been.
36. I'm touching the earth; I'm a traveling man and a joker without shame.

37. I've come from the land of the idiot; I'm a fool that keeps on falling in love.
38. I love women and I can't get enough; I'll dance with them till my legs fall off,
39. Teach them the Hokey Cokey, laughing, we'll dance arm in arm.
40. Now we're off to Downings, Ballyshannon and Stranorlar.

41. Killybegs, Holyhead, then Sheephaven and Coleraine
42. I was true to my word last time we were here, that we'd be back again.
43. When we're traveling, we'll give you, love, the song ... knows you.
44. ... will you, landlord; we've got no homes to go to.

[INSTRUMENTAL BREAK]

45. I feel I'm tearing myself away; I love you and I'll leave you.
46. I'll be back home some old night ...
47. The barmen shout, announcing to everybody: have you got no homes to go to?
48. I sing: I ain't got no home in this world anymore; I'm just passing through.

49. Home is where my friends are, and you are all part of me.
50. I'll leave you with this song: Are you coming? Are you going? Try to stop me.
51. Home is where my friends are, and you are all part of me.
52. I'll leave you with this song: Are you coming? Are you going? Try to stop me.