If this is a Morrison/Doors song why dub in this new band?
Why adulterate the song?
If the new band wants to remake the song they should start from scratch.
I wonder if this is a "lost" song or one that has circulated on bootlegs for decades.
There are "lost" songs by the Beatles that could be hits if moldy oldies radio would play album tracks.
It could be similar to the American Prayer album that was made after Morrison died if it is only his vocal track that was recorded. At least that is my understanding of American Prayer, that the instruments, etc. were laid down to vocal tracks and poems that he had recorded without instrumentation.
As a side note, Satellite Party is a group of musicians fronted by Perry Farrell. Janes Addiction did a great cover of L.A. Woman so it might not be so bad. However, Perry seems to be enthralled as of late with electronica, dub and hip hop so who knows what it will sound like.