Yes better without the effects, although maybe a little bit (much much much less than the first mix) would be perfect.
Nice tone. Its a gorgeous song. Are you reading the dots while playing? I feel like it might benefit from listening to the original to get the rhythm of the lyrical melody as originally sung, here and there, rather than strictly playing the dots. Just my personal view - always difficult when people know one original version so well, so hope you didn't mind me suggesting that.