Soft Cell's "Tainted Love" has to be up there in terms of totally reinventing a song and making it a classic.
Gary Jules's "Mad World" made an impact as soon as I heard it first in Donnie Darko. Decent film, a really great track.
For its sheer brilliant simplicty, the Lemonheads' "Mrs. Robinson".
I liked the feel good vibe to The Communards' "Don't Leave Me This Way".
Here's an odd one: I thought Duran Duran's version of "White Lines Don't Do it" by Grandmaster Flash was superb.
I also liked Pet Shop Boys' "You Were Always On My Mind" not really knowing previous versions until afterwards.
I just heard "Word Up" by Gun on a commercial on TV and thought maybe it's a good one for this thread too.
I have a Leonard Cohen trubute album and The Pixies' version of "I Can't Forget" is just brilliant.
As a rule of thumb I like a cover version to totally reinterpret a song, taking it into another genre and, importantly, as CTID said above "making the song their own". I think many of the above do that and do it well.
On that theme, I have a CD by Luther Wright & The Wrongs (I think) which does a country & western remake of the whole "The Wall" album by Floyd. File under "novelty". Well worth a listen.
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