Nice REM-type vibe.TV Live: The Decemberists with Gillian Welch - "Down By the Water" (Conan 2011) - YouTube
Mrs. Basket Case and I will see The Decemberists in Nashville (our first time to a concert in Ryman!) toward the end of August.
This version of Down By the Water is live with Gillian Welch guesting. Listening to the CD as I type this.
Interesting note on the resemblance to REM: The Decemberists, particularly band leader Colin Meloy, freely acknowledge REM as one of their major influences. Additionally, Peter Buck played for several songs on the King is Dead album, including this one.Nice REM-type vibe.
I misread the title at first and thought someone had done another remake of the old spiritual.