I learnt this not long back - cracking song. It's one of three songs (the other two being "Galway farmer" by Show of Hands and "Ready for the storm" by Dougie Maclean) which still choke me up when I hear them, and sometimes when I sing them too. Don't know why, but there's some songs that just rip your emotions out.

EB's version has two guitars, basically rhythm and "lead twiddles". I've worked out a fairly nice fingerstyley version - could PM you the tab if you wanted. But for the actual tune of the song, I suggest you buy the CD. ;-)

Anyway, here's words and chords, roughly the way Eric Bibb does it (or at least the way I play it). I may not be doing it in the same key he did, though. The "slash" chords are just walking the bass line down - play straight D or Bm if you want a simplified version. Or transpose into G and use a capo if you don't do barre chords (transposing left as an exercise for the reader... ;-)

(Intro)
  D D/C# Bm Bm/A G A D
  
  (Verse 1)
   D           D/C#       Bm         Bm/A      G    A         D
  Eight years old with a flour sack cape tied all around his neck
   D        D/C# Bm      Bm/A   G                 A
  He climbed up on the garage, figurin' what the heck
      D           D/C#   Bm    Bm/A       G                A
  He screwed his courage up so tight the whole thing came unwound
         D       D/C#      Bm        Bm/A       G      A       D
  Got a runnin' start and, bless his heart, he headed for the ground
  
  (Chorus)
       Bm           Bm/A                    G              D
  He's one of those who knows that life is just a leap of faith
   D          D/C#     Bm        Bm/A        G      A          D
  Spread your arms and hold your breath and always trust your cape
  
  (Verse 2)
  Well he's all grown up with a flour sack cape tied all around his dream
  He's full of piss and vinegar, and he's bustin' at the seams
  He licks his finger and checks the wind, it's gonna be do or die
  He wasn't scared of nothin', boys, he was pretty sure he could fly
  
  (Verse 3)
  Now he's old and grey with a flour sack cape tied all around his head
  But he's still jumpin' off the garage and will be 'til he's dead
  All these years the people said he's actin' like a kid
  But he didn't know he could not fly, so he did

Hope that's of use.

Graham.