Yes Esther Phillips nails it and has been one of my favourite GSH covers since iheardit on it's release.. I first heard GSH in 1972 and bought every album from then on on it's release and although many artists have recorded his songs few are really successful due I think to the often simplicity of his originals. I can't say I'm a fan of the Billy Valentine cover.
Have been looking for one of these for a while and picked up this Navy Metallic Sunburst one in mint condition with the protective plastic still on the truss rod and cavity covers. Really pleased to find one in this condition.
It's part of Fender's Squier Paranormal Series which according to Fender brings several forgotten gems from the Fender archive back to life although the Squier Rascal is a quite a bit different to the Fender Rascal.