In the movie, the song is featured in the Final preview at the end of Evangelion 3.0 when Unit 8+2 (an Eva bearing half the armor of Unit-02' and half the one of Unit-08) is seen fighting against unknown enemies.
Three other versions exist, with a childrens choir-version with both verses present on the original album, while two additional versions are on the Outtakes from EVANGELION Vol. 1 CD.
This time is like no other for us in living memory
(Long may it last.)
Breathe the air, take in the feeling of peace and harmony!
Freedom can fly, close to the sky
Now we can shine, Peace in time, we've never had it so good!
Through sacrifice, children can play in a world without a care
(Now that we know)
All is safe, learn from the past and through knowledge we can share
All of the good, all of the time
Spirit is high, Peace in time, we've never had it so good!