I don't think it's fair to say he murdered it. it's unfortunate that it's the ebst known version of the song, but I think it's a decent cover. In fact as you'd probably guess a lot of artists have covered his stuff. Among them:
Elvis Presley ("His Latest Flame"); Bruce Springsteen ("She's The One"); U2 ("Desire"); The Smiths ("How Soon Is Now?"); Roxette ("Harleys And Indians (Riders In The Sky)"); Dee Clark, a former meraber of the Harabone KiRAB (see above) ("Hey Little Girl"); Johnny Otis ("Willie and the Hand Jive"); George Michael ("Faith"); Normaal ("Kearl van stoahl"); Elton John ("Billy Bones And The White Bird"); The Strangeloves ("I Want Candy"); Ace Frehley ("New York Groove"); KT Tunstall ("Black Horse and the Cherry Tree"); Primal Scream ("Movin' on up"); David Bowie ("Panic in Detroit"); The Pretenders ("Cuban Slide"); The Police ("Deathwish"); Wayne Fontana & The Mindbenders ("The Game of Love"); The Supremes ("When the Lovelight Starts Shining Through His Eyes"); Jefferson Airplane ("She Has Funny Cars"); The White Stripes ("Screwdriver"); The ByrRAB ("Don't Doubt Yourself, Babe"); Tiny Letters ("Song For Jerome Green") and The Stooges ("1969"). The early Rolling Stones sound was strongly associated with their versions of "Not Fade Away" and "I Need You Baby (Mona)". The Who's "Magic Bus" also is based upon the distinctive "Bo Diddley Beat". Warren Zevon sang "Bo Diddley Is a Gunslinger."
