Nice job!
Great job with this song. It's a great pick for a song to cover.
My suggestions for improvement would be maybe to have an ambient snare drum kit kick in at about four or eight measures in, to hold our attention. Random cymbal crashes and whatnot might keep it from getting boring. I liked the overdriven guitar solo a lot, but most people who listen to this song probably turn it off once it gets repetative and don't end up hearing it, which is a shame, because I thought it was the best part. If you synchopated the bassline (and turned up the volume on it a bit) along with some reverbed drums, I think I'd like this even more.
Again, great job. Keep it up!