Close, haha. There's speculation that it stands for UK Scorccio. Not because Scorccio remixed it, but because it "borrows" the Scorccio style.

Ha, my first exposure to it was the Watergate cover as well. You may also know it as "Forbidden Colours" from Trance Paradise 3.

Reuploaded with the proper full version:

www.youtube.com/watch?v=FZec...

It mostly lives on in doujin. RTTF Records produced a number of albums that mimicked the Speed style, with their most recent release being VTuber Speed 2: www.youtube.com/watch?v=lZQr...

06. Inspiration (DJ Remo-Con vs. Toshio Ueki Remix) / Strike
07. Mister Roboto / Pink Panther
08. Is It Really U / Trust & Fletch
09. My Immortal / Raya
10. Sweet Child of Mine / Perry Alexander
11. Uptown / Groove Assassins

However, due to the success of Trance Paradise, EMI decided to give it one more try and finally released Dancemania EX 9 on 2006/03/31.