This is how this song is supposed to be played live and sound. Of course it should not be attempted anymore because Bono just can not sing it like he used to do. The horrific version from 360 is not a patch on this. The song is brilliant, but I can not bring myself to listen to it anymore because of the butchering it has take over the years.
I don't think Bono's voice is the main problem, it's his energy.
What makes Bono so great besides the quality of his voice, is that he used to sing every song with power, intensity and passion, always giving everything. Even during performances when his voice was shot he could still make it great because of the amount of emotion he can convey into his singing. Despite the voice, you can feel that he's giving everything he's got and you can connect with that. In general I missed this during 360, as said his voice isn't the issue, I think it's in better shape then it was during the Elevation and Vertigo tours. To me Bono seemed too relaxed. He sang the songs and they sounded OK, but he didn't sing them with real intensity and emotion.