Not sure I'd call this outstanding....but very cleverly put together New Orleans Jazz-style version of G&R....just in time for Mardi Gras!
 
 

Yes' Siberian Khatru - Stanley Snail(Mike Keneally, Kevin Gilbert, and others)

 Lazy8 wrote: 
peter covering other stuff sounds good but a bit deliberate/pensive (to me)

i haven't listened to others covering peter yet...

 Lazy8 wrote: 
Boy I'll say. That's the one I ran to first, but holy crap.
 
I liked the MMM guitar racket but then the croaking started. And I like Lou. 

best cover album ever.

miamizsun wrote:
Gabriel's covers are pretty fine, he obviously loves the material and he makes it his own. I particularly like the Bon Iver song Flume.

Wish I could say the same for the other direction. Most are pretty limp. The late Lou Reed's Solsbury Hill is unlistenably bad, but Bon Iver, Elbow, Paul Simon, and Brian Eno put enough effort in to make up for them. David Byrne's version of I Don't Remember is...goofy, but  kinda fun. Worth a listen.

 Lazy8 wrote: 
boy oh boy

this looks/sounds great

what an awesome idea

in the office solo and cranking it up

Peter Gabriel has released an album of covers...and a corresponding album of (mostly) the same artists covering his music called Scratch My Back... and ...And I'll Scratch Yours. You can hear the whole thing here.