I really like the guitar runs, as does my wife, and the tweaks to the chord progression. Well done. I find it kind of funny that you posted your version of this song the same day I posted mine. What are the odds?

Did you mic the guitars, direct line in, or both? Another technical question about posting a cover song: what "red tape", permission process and or payment arrangements have to done for a cover to be on Sound cloud, Reverbnation,  etc?

I just placed the mic about 10 inches above the 12 th fret and and just a bit oriented towards the sound hole.  The guitar is one made by Daniel Turner out of Victoria, Canada.  This particular one has a European Spruce soundboard and cocobolo rosewood for the back and sides.  It has a very beautiful sound.  It doesn't have any pickups or interior mic, so I just mic it as above.  I need to do some experimenting with the DPA mic and the AKG mic to see which does best with this guitar.  
 
As far as the posting of cover songs, i would need to leave that for the experts.  I will inquire of a friend of mine who does recording and performing and see what his take on that is.  

As far as Soundclick is concerned, I post cover songs in the Cover Song category and always, repeat ALWAYS,  attribute the writer in my little song description. In addition, I don't make a cent from recording anyone's music. I don't  suppose that would suffice in a court of law. but it occurs to me that cover bands don't typically bother with that stuff either.

Thanks for that guitar info...have you experimented yet with matched small diaphragm mics for stereo recording...a super nice result when you pan them hard left, and right.! Then it leaves a good center space for vocals..

You just gave me a great idea for next year's Christmas gift with the matched diaphragm mic technique!  
 
Just a little addition on my technique, I didn't add any compression or EQ with the original recordings.  Just recorded it as is, then added that stuff later as needed.  I have read just a few articles that seem to say that adding some compression/EQ on the original recordings is a matter of taste.  At Sweetwater, the one engineer we worked with added just a touch of each as the performer was recording.  

I am glad you see promise for stereo guitar recording. On one's I've done, I am using two matched Rode M5 mics - not very expensive and nice! I rig them up on a 2 mic-cross bar that goes on one mic stand, and this keeps them at a consistent distance (it is adjustable to some extent). One cool thing that can be done, is once you pan them hard right and left or less so to taste, then you could experiment with EQing each channel differently- to match the guitar's orientation - as seen by the listener - More bass on one side, higher end on the other.  Another really nice technique that is too lengthly to describe here is mid-side stereo recording - using one figure 8 large mic (often a ribbon mic) combined with a small diaphragm mic - strange sound technology how this all works, but wait till you hear that ! Charles    

Just got a couple of Rode NT55 matched mics!  Just starting to try them out in a stereo configuration. One thing I noticed about these Rode's is that on the certification of 'matchness,' the wording labeling is for MIC A and MIC A in both the cardiod and omni positions.  I wrote Rode and they said this apparent typo had been present for several years and until now, no one else caught it.  They did promise a corrected certification once all departments involved authorized a change on the form.  

Nice find!!! Let me know how some recordings come out with those.

I see this thread was a little older but nice job.  Really enjoyed your version.  This is also a song I love to play.  One of the few I finger Pick, I will also say I am enjoying Pooh Corner and the rest as I type seems it keeps playing after the first song ends. Makes me want to record an instrumental guitar album someday before my arthritis kills my chops... 
 
I'm having great results using these little CAD small Diaphragm mikes I got on a Stupid deal for $60 for the pair. 
I use only one and then my Taylor has the DI as well and I mix those to taste.