'It is a somewhat dated experimental rendition in a style that has gone the way all pop renditions eventually go' Jim Yes - heard by many thousands more people than what you consider to be the only true 'folk' versions will be heard by. Some of whom, as I have said, may be interested enough in the songs to discover more about them - like I was when I heard Steeleye Span and Five Hand Reel and became a life long devotee of the songs and music. People still listen to, love and perform folk rock you know, and it is a well loved genre with quite a few artists such as Joshua Burnell finding new audiences for folk songs. All good in my view. It is certainly not dead.
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