Cool, like it :D
I'm quite a fan of orh's stuff anyway. I don't now the original, but I like your cover.
Lyrically I don't get all the references, but there seems to be a lot of songcrafter members mentioned - "mike", I think, is Sir Harry Flashman, plays bass in one of orh's virtual bands (and runs the site now), sounds like he's bought a new Fender Jazz recently and it hasn't arrived yet!; "geir" is, er, Geir, a very talented songwriter/musician, and Tharek is Osckilo, a one-man creative whirlwind.
Having said that, as usual, orh paints pictures in my head and invokes emotions whether I understand what he's on about or not!... and it goes well with your backing.
Thanks for posting, I was just about wander over to songcrafters anyway - I'll check out what else you've been doing :D