I'm a S&G fan, and when this cover randomly came up on youtube one day I was just shocked and didn't really know what to think. It is definitely a more modern, up-to-date take on it, and if it leads people to discover the song and S&G in general, then that's good. The song's message is more relevant than ever.
Personally though, I still prefer the original, you just can't beat Art's singing.
By the way, Pavarotti was a tenor (the highest male voice), so it's not really a deep voice at all, that would be a baritone or bass. The problem is that most men are natural baritones, but pop music is just getting higher and higher, so men have to really strain to get high enough, which may be why you don't really like male singers, Twilight Princess.
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Apologies for the excessive length of my posts.