I wouldn't say this is a favorite, but this version of When The Levee Breaks by John Paul Jones is interesting. Also, I didn't realize that the Led Zeppelin version was a cover of the song by Memphis Minnie and Kansas Joe McCoy, which was about a historical event, the Great Mississippi Flood of 1927. There are links to the Memphis Minnie/Kansas Joe McCoy and Led Zeppelin versions at the rollingstone.com link below.
John Paul Jones (Led Zeppelin, Them Crooked Vultures) has re-recorded "When The Levee Breaks" with musicians from across the globe.
www.rollingstone.com
One cover I've always liked is Five Finger Death Punch -Bad Company:
And Welcome to the Machine by Shadows Fall:
And Born to be Wild by Hinder:
Off topic, but I find myself wondering sometimes if I'm the only guy on the planet who still likes rock and roll, attractive women, and fast cars (yeah, the Hinder video triggered that thought).