Sounds really nice, although I probably would put some effects (echos) in the vocals on a few places.
But it goes really well even without any effects.
My guess is that in a few years there will be official releases with re-made background music and new arrangments of songs, similar to the new 'Beatles album' by George Martin and his son.
This song shows that those old recordings can sound very well in this context (even from a compressed source).
Well, they already started this with the MIH album.