Callie......Have a great time looking up some old threads regarding the definition of folk. To say there has been some discussion on your question would be the height of understatement.NOW....A few years back, Folkways did a "Tribute to Woody and Leadbelly" thing on both TV and album. If we consider that Woody is folk, then there were a couple of interesting selections. Mellencamp doing "Do-Re-Mi" in a sort of zydeco mode was interesting and U-2's rendition of "Jesse James" was something a little "different," to say the least. But Bruce Springsteen did a rockers version of "Vigilante Man" that I think he could have released and it would have done well.
Spaw