I haven't listened with headphones yet-- and while I've often been amazed at how much (increased clarity of) sound I've discovered that I hadn't previously noticed when I listened to something with headphones, I sort of feel that listening to something with headphones shouldn't be a requirement. So my only real beef is that I couldn't hear/understand the lyrics, especially in the first part-- it got a little easier later on.
I liked the instrumentation as is, but thought the vocals could benefit from some kind of boost to improve their clarity, either in volume or maybe just bringing out certain frequencies. I really liked the sound as a whole, it's just that I couldn't distinguish what the lyrics were for much of the song, so I kept wondering why it was called "News," and wishing I could hear the vocals more clearly. If I'd had the lyrics printed inside of an album cover to read while listening, so I wouldn't have to wonder about the connection between the title and the song, then I wouldn't have minded the singing as is, because the sound as a whole is very nice to listen to-- mellow, easy-going, pleasant. And I liked the lyrics that I did understand.
Donovan? I didn't think so, and that's not a bad thing. I like Donovan, but I think it's better for someone to have their own sound. I haven't listened to anything else you've recorded (yet), so I don't have any preconceptions about your style or background, but it sounded more Appalachian than British to me-- and by "Appalachian" I don't mean anything in terms of a musical genre (bluegrass or whatever), rather that it makes me feel like I'm relaxing on a mountain top in the Eastern US and listening to someone playing and singing while I watch the clouds rolling through the valley below (if that makes any sense).
(Professor Parentheses)
"So I asked myself, 'Am I crazy, or what?'-- which in my case is a trick question, because both are true!"