Music's very fluid. Recordings of performances are probably as close to 'same' as we can get. Non-musicians may prefer to listen to these 'same' performances over and over for the 'fidelity' of their experiences. But it might stop them (as they age) from discovering better ones.
If MIDI is used to create the dynamics, 'patches' and all other modulations, oscillations, tempos, et.al of a synth or ten, then something close to 'same' might be approachable. But that means, oh, say, ten times as much work.
Depends on the listener whether that's a good thing. In my experience, a superior cover of a single recording (same or different singer, different producer) can turn a OK single into a damn! single.
Edit: (Case in point: 'Major Tom (Coming Home)' 1983 version: https://www.youtube.com/watch?v=wO0A0XcWy88 )