Yep, that's a great version, although you can hear that version in practically every Black Baptist church in America. It's a great tune, although I always thought it strange that it is, and always has been, so popular in the Black church, seeing as how it was written by a slave ship captain. I guess the music is strong enough to overcome it's origins. I think we should ALL give it a shot, and see how many different arrangements of it we can come up with. The music is simple enough (although I've heard slight variations of the chord changes) so your skill or playing level shouldn't be a factor, just your creativity. Since it's quite evident where Elvis 'borrowed' his from, you should feel free to do the same.
chas