Affectedly well-read, or else excited about it (8)
I believe the answer is:
literose
'affectedly well-read' is the definition.
(pretentiously literary or erudite)
'or else excited about it' is the wordplay.
'excited' indicates an anagram.
'about' indicates putting letters inside.
'or'+'else'='orelse'
'orelse' anagrammed gives 'lerose'.
'lerose' placed around 'it' is 'LITEROSE'.
I've seen this clue in The Guardian.
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