Band: Caledon, "an all-star 7-piece band"
Album: "The Noble Trousers" - Fenn Music FMS 2071, 1996.

I found a web page from which you can play a 45-minute archived radio program that includes The Noble Trousers Set. Go here:
http://www.themistsofavalon.com/020707.html
then click on "2nd Hour." The Noble Trousers Set appears about 37 minutes into the program. The words are in Scots Gaelic, so I didn't try to transcribe it. Maybe someone else will.