I think it all depends how good you are. Hit song recordings are usually pretty bloody good IMHO. Both in the playing and the arrangement. Even crappy hit song are always* well played... but, if you can do better - Then crack on I suppose.
*we all know Jean Paul Jones missed a note right after the first chorus of Ramble On, so if you were covering that song in a band, would you:
a) Leave it out.
b) Put it in while looking out for other bass players and/or nerds who may have noticed.
c) No idea mate, I was busy jamming in a fill from BSSM!