William Taylor turns up in Ellan Vannin (the Isle of Man) as Illiam y Thalhear, and a version of the tune is used for a set dance for a couple.
He also gets connected with the Isle of Man in versions of the song, such as the one by The Voice Squad, where William Taylor's Commander is so impressed by the way she comes along and shoots him dead that he makes her the Captain "of a vessel for the Isle of Man".
There's also a squib version that a group here in the Isle of Man, The Mollag Band, came up with a few year's ago -
Willy was a silly bastard,
Not a brain cell in his head.
Left his true love for another.
She came back and shot him dead.
You may need a good atlas to find the Isle of Man in the Irish Sea in the British Isles.
Lesh dagh yeearree share,
Bobby Bob