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Wheatus's version of 'Respect' just proved what a good song it was under all of the production, to my mind! I don't think 'Smooth Criminal' was particularly great, to be honest - it seemed to me that it was a continuation of the (now very tired) trend for punk bands to cover pop songs - stick Punk Cover Version in to a file sharing program and you'll see what I mean. But it wasn't awful either! Sisters of Mercy however - Yes - they've done some great covers in their time - Kylie's Confide In Me, He's Got the Whole World In His Hands...
Other good covers that come to mind; Nirvana doing 'Jesus don't want me for a sunbeam' and 'The Man who sold the world'. Oh, and a little plug for the H Band, which is Steve Hogarth from Marillion, Dave Gregory from XTC, Richard Barbieri from Japan and Porcupine Tree, Aziz Ibrahim from the Stone Roses II/ Ian Brown plus a few other groovy people. They do a great 'See Emily Play', 'Life on Mars', 'Life's a Long Song', 'The Old Wild Men', 'The Loving' and 'I Don't Remember'! And I'm seeing them play tonight! :-)