John Lennon's song "Jealous Guy," from his Imagine album, is one of his most popular solo songs, even going top 40 in 1988 during the "Oh no he di-int, Albert Goldman!" days. While I liked it well enough, I always thought it could have been done better. Come to find out, I wasn't the only one who felt that way.
Roxy Music did a cover as a tribute to Lennon shortly after his death, going to number 1 in the UK (their only #1). As with so much of later Roxy Music, there's a smooth sophistication that works well, and Bryan Ferry is able to look and sound appropriately hangdog.
What I never realized was that the song could use a little crunch. Thank God Lou Reed found the need and filled it. This is from October 2001, in a John's birthday/9/11 tribute, and considering how few covers Lou's done, it's great to see him take a near-standard and make it all his own.