Inspired by the TOTW thread, I decided to give it a shot. I've been improvising on this to make my own arrangement, repeating bits that I like without playing the song the same way twice. Here are two breaks that show what I came up with and how the improvisation leads to all kinds of variations. The timing is not quite there yet, but I thought it's worth sharing anyway.
I play the bass, guitar and mandolin, too. I used the great (free) Variety of Sounds plugins to add some character. I hope you enjoy it.